1988-12-05 - Resolution 1988-68 - ADOPTING THE FISCAL 1989 PROGRAM BUDGETS FOR THE BUFFALO GROVE GOLF CLUB AND ARBORETUM GOLF COURSE FUNDSRESOLUTION NO. 88 68
A RESOLUTION ADOPTING THE FISCAL 1989 PROGRAM BUDGETS FOR THE BUFFALO
GROVE GOLF CLUB AND ARBORETUM GOLF CO1IRSE EUNDS
WIIEREAS, the Flscal 1989 Program Budgets for the Buffalo Grove Golf
Club and Arboretun Golf Course Funds have been prepared and subnltted for the
revlew and conslderatlon by the Presldent and Board of Trustees of the
Vlllage of Buffalo Grovel and
WHEREAS, the revlew and consideratlon of the document occurred on
November 2i, 1988 at the Regular Board Meetlng of that day; and
WITEREAS, pending any changes to, and reports on, varlous segments of the
Budget content, the document can be consldered for adoptlon.
NOW TIIEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
TIIE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, thAt:
SECTION 1. The FY 1989 Program Budgets for the Vlllage of Buffalo Grove
Golf Club and Arboretum Golf Course Funds are hereby adopted after conalder-
atlon of any and all changes and reports as requested by the President and
Board of Trustees up to December 5, 1988.
SECTIoN 2. Upon approval of the proposed Program Bud8ets, authorlty ls
hereby glven to the Vlllage Manager to place the document lnto flnal for:m for
dlstributlon by December 12, 1988,
AYES:5 - Marienthal Re id Shields Shifrin Mathias
NAYES: 0 - None
I - GloverABSENT :
PASSED 3 December 5 r988.,rAPPRoVED: Decenber 5
/ //\ L{(
Vlllage Presldent
ATTEST:
Gv^nfi 3"9!19+,-tnfe clenk
1I.00
ll,00
7.50
5,00
7.50
vtttt6E 0F BUFF 0 En0vt
SUFFALI} TiS'/E E(}LF CLUS RCTE OTFFERE}ITIfiL
RESIDEXIIAT VS }IOX-SESIDEiITIAI" RATES
T(}R FISTAL YEAR.I989
PIAY PERIOI) IIOII-RESIOEIiI RESIDEIIT flATE sPREf,D
sAT. SUI. H0uI)tYS
AFTER l:00
AFIER 3:00
AFIER 6:00
TEE(I)AYS
I8 HOLES
9 HOLES
JUIII()R/SETIOR
t8 H0tEs
9 H()LES
THIL I6HT
AVEfiA6E SPREAI)
I1,00
6,73
3l.821
33.331
18.50
16.:0
t0,00
6.00
l{.50
t,00
8.50
6.00
t2.3lt
s0.00t
20.00I
9.091
9.00 6,75
98.00 74, f0 J2.431
VIILAEE {)F IUFFALO EFt}l]E
IIFFALI) EN(}VE 6OLF CLUB RAIE DIFFEfiE|ITIAL
RESII)EITI0L l/S il{}il-RESt0EiTtAt nAIES
Ft}R FISCAL YENR.I988
PITY PERII}I) ilOT-NESII)ETI fiESIOEI{T RATE sPftEEI)
sAT. sut{. H0u0AY5
AFTEB 1:00
AFIEI ]:00
AFTER 6:00
rEEX0rYS
l8 H0rE5
9 HOLES
JUt{t0R/sEIt0R
18 H{}LES
9 H{}LES
TIILIEHI
AVERf,EE SPREAI)
17.00
15,00
8.00
6,00
I t.00
8.00
8.00
5,50
12.00
10.00
6.00
t 0,00
6.00
7.00
5.00
1t.677
50.00I
20,00I
30 001
1t.291
r0,00I
8, 00 6.00
88.50 67.00
VILIAEE OF EUFTALO 6R{)VT
BUFFAL(} 6ROVE 6{)tF CLUS FATE OIFFEREIITIAL
RESII)EIITIA! VS I{IIII-RESIDEIIIIAI RfiIES
F(}8 FISCAL YEAR.I987
PLAY PERIOD HOII.RESII)TIII RESII)EIIT fiATE SPREAD
SAT, SUI{. Ht}LTDAYS
AFIEi l:00
AFTEfi l:00
AfIEI 6100
rEE(DAY5
18 HOLES
9 HOLES
16.00
12.00
7.50
5.00
t?.00
7.:0
:.00
I1,00
7,50
5.00
1,00
8.00
6.00
1,00
45.451
60,00t
50.00I
25.001
50.001
J6.16I
25.001
25,00I
JUIIIOP/SEIIII]R
l8 H{)t_Es
9lrotEs
ITIt I SHT
AVERA6E SFREAD
7.50 5.50 J6, J6i
41.591
VIILIEE ()F EUFTAL(} GR{IVE
SUFFAII) EROIJE 6(ILF CLUE RAIE OITFEREII]IAL
RESII}EII]IAI VS XOT-RESIDEIITT NAIES
F()fi FISC YEnR-1986
PLBYPTNIIII IIIIX-RESII}EXT
sAr. sul. H0LIIIAYS 14.00
ffIEB I r00 10.50
AfIEn l:00 7.00
AFTER 6:00 t.00
RES I I}EXT
9. 75
7.00
{,50
3.50
RAIE SFREAD
l0
6
7.00
{.75
43.39I
50.00I
55,56I
12,86I
50,002
t2. I tI
TEEl(I}AYS
18 H(}LES
9 HOLES
JUllI0n/SEllt0R
l8 Ht}Lts
9 HOLES
50
00
50
7
{
TIIILIEIIT
AVERAEE SPREAD
5, l)0 {0,001
72.00 4?.75
lttLA8E 0F 8UFF6|_0 6fi0vt
BIJFTTT{} EN()VE G()TF CLUB RITE OIFFENEXTINL
iESIDEIITIAT VS II(]|{-RESIDEI{IIAL f,TIEs
Ft}R FISCAL YIAR-I983
PLAY PERIOD I{(}I,I-RESII)TII RESII}ET] f,AIE SPSTAO
SAI.slT. HOTIDAYS
AfiEn l:00
AFTER J:00
AFIER 6:00
13.00
7.00
4.50
9.00
6.50
4.50
r{,||I
50.001
50.00I
14,1{I
4t, {4t
Il,tJI
t0
00
6
4
IEEXDAYS
l8 il{]tEs
9 H{)IES
JUIIItlR/SEl{I{}R
18 HOLES
I H0rES
TIItI6HT
AI/ERA8E SPREAI}
75
50
00
I
6
6
4 J. UU
6.50 41,44i
67.50 16.00
UITLAEE OF SUFFAIII ERI)VE
BUFFEI.II ERtlVE EOLI CLUE REIE DIFFEBEIITIAL
NESIDEXIINL VS TI}i-RESIDE}ITIAI Rf,IES
F(}n Flscfit YEfiR-I984
PLAY PEflIt}I} H{}I{-RESII)EIIT RESII)EI{I NAIE SPfiEII)
sAI. SUil. H0LI0nYS
f,FTER Ir00
flFIEn 3300
AFTER 6:00
IEE(DAYS
l8 H0tE5
I tt0LEs
JUI{IOR/SEXIOR
l8 l{0LEs
9 |{{)LES
IIILIEHT
AVERAGE SPREAO
t.50 18.891
46.00 42.93I
I ?.50
t,50
7.00
1.00
9.50
o. lJ
r.50
9.00
6.50
t.50
I.00
6,50
1,50
{,50
3.00
J8,891
16.151
JJ. JO'
46.1I:
JO. Ort
38,892
50.001
\TILI-AGE OF
g,fy fr","//e filt d.
1/i/1a." 9!. 9l*/1a,y
o"d/oXte ,rroztrzgzt
fiuffa/n 9ua,e,fiil. eooffi fs
Noyember 1, 19BB 3r'2 - .r59-Pr25
Vtllage President & Board. of Ttastees
VILLAGE OF BUFFALO GROVE
50 Raupp Bouleyard.
Buffalo Groye, Illinots 60089
SUBJECT: FY 1989 GOLF SERVICES BIIDGET it{EssAGE
Ladtes & Gentlemen:
am pleased. to su.bmtt to.you the Department of Golf Operations\!,!n ?:!g::.c.oyerins the pert;d |anuary' j throush December 3J, 1s8s.tnts year wtu be a milestone year for the Villagets Golf Servtces aswe wilt witness both the _2peling oi th" Arbore"tum Goli Course and. thegrand opening of our oolf ctubiou.se facility at the Bu'ffalo Cii" Ciii-Course. With the cluihouse opening'wt iome the expansion if ,ii-,retail seruices, including two new rLstouronts aLnd an'erpana"i pioshop operation to support and compliment our iell estobtshe, g[ry- traa".
1989 will be a start- lp year for the Arboretum Golf Course ond.we will have limited 9 now play .at mid_year, subiect o1 ioursi -to fiioron"weather and horticurturar conditions. dnce' fuu.y- operationar tn Fy jggl,Arboretum Gotf Course w_itt enrich the gotf ipjirtinities for premiumplay for our citizens and patrons, we "wiit iti offering ,ul"xf,oy' o'iu,in""are.seruatign executive play for our patrons with a chillenging ioursi '- -
wht-ch will gatn a nationai .reputatioi. The Buffaro crove" city- iiu-rsewill continue..lo offgr quatity'-ptaying opportuniiies for gotfei; ifiu--ages and skirr levers and wiil proviae [he home tase pi oi, giit tiarningprograms. With the new clubhouse facility at Buffalo Crove "Co{f a;;;,w.e onticipate additionar outtng ond iourniment ptay 1or which we b;lie;;there erists substontiar demand. rrte arso wt f,e erpand.ing our golfmem_bership base and gtye all members opportunittes to ex{eriencZ thechallenges of both courses.
Our restaurant services -uill /ocus on the Buffalo Groye Gotf CourseClubhouse and our trade _d,evelo.p.""t ,iiti 1o'ii, on ser.vi.cing the need.sof--our.eristing gorfers and restaurant potl*",- u)h,e at the same ttme,expanding our trade o.nd customer base throuoh a combination of a beautifulf^ac-ility and a Lake cook R.oa.d o.rientati";.' ";#;
service at the ArboretumGorf course wiu be more rimited , gtv"i-'ine iii* "r the crubhouse , butwe will matntain and improve. upon the reputation our golf operationshav.e enioyed with high qu:Iity,'. fo.oct ""i{"i"i1'"io^petitive prices. Attfactors considered, Fy 1gB9 w i te a yeai- ri',.iirch au readers of thevitlage can take prid.e tn the attainm"it i,r i"ii'irr very ambitior.rs goors.
- rTEM xrv. (E)
EIT.rFEAI.O GR,O\r-r
-2-
BUFFALO GROVE GOLF COURSE BUDGET SU MMARY
- _.Thq Fy J9B9 budget presentation will d.eyiate from prior submittots,and ltd. rike to take the opportunity to exprain the formai. rne co)'i- ---
Enterprise Fund wiil be broken doin into'4 proftt ientiii; tni-a;"iato
9: _"::, c
Zl t C ourse
^
O p erotions, the Arb ore tum C olf C our: si' O p;;;;;:'B_uuol_o Grove Golf Course Food. & Betterage Service; and AiboretumGolf course Food. & Beverage service. T-he submittal contaiii ini boffOperations--programs for Buffato -Grote Golf Course and ertoretum eiilCourse. No food and. beyerage budgets are presented. at this time,as we are concluding our hiring of the Food Service Manager. I would.expect a detailed Buffalo Grove Golf course Food service "Budget tobe presented to the Board. in.early January, and the ernoritii- iitfCourse Food Se.ice Bud.get- to bd presentld sometime trt"r, iit pio,
::,,:h:^.:1,.?l-t!1 first fiscat qu.artir. An four proyit cintir-iiaietls'wt.L De tnctucted in one appropriatton which wiu be presented witfi.nthe 90.day time frame. Be-ginning in Fy 1990, v,thei we are fifiy'- iperauonat,a comprehensive budget w r be presented in a singrre submis"ir"l -'- --
As with all new business lentures, our expand.ed. golf programscarry risk. For the Arboretum Golf Course, our greatest concern isthe growing cycle which will permit play next yeai. We recongize iiatthe .premature opening of a premium'goi1 courie could have diJosterousimplicotions for years to come. ltte s-hould carefully eyaluate tne ooeitnoof the course based on our tong range objectivL" i"i tiii-ii"';;;.-'i;;''second nsk will be in our food ser.vrces. ' We know that unlike ow gilltrade, there erists numerous trcde competitive opportunities for ou;customers. We will strite..for retention of our trade base and erponsionto .mge.t the design capabil.ities of our resiaurant, while at the same time ,retaining c sound reputation of a community meeting place.
Total reyenues for BGGC are anticipated to be $7gJ,050, exclusive of
food -and betterage ser"vices. These revenues are based. on a continuationof -play lepels at BGGC and some erponsion tn totat pro shop reyenuerelat-ing. to the new facility. A rate and fee increase ts recommendedfor both resident and, noi-re.si.rient play, 'as yell as on the fees chargedf.or pull and power cdrts ond for oir d"tuing ,org". $re are arso aniicrpatingthat we will be able to return to our pre-cins truition ut ization leversfor the driving range. Weekend prtmb time plav u,ill be establishedat $18.00 for non-residents, and $13.00 for iesiaents,
T.otal -expenses for BGGC will totat $ZTT ,550, Since the completion ofthe clubhouse ts budgeted through our Capital proiects Fund, our F'ycapital Budget is nominor with. :ir -majo, pr""r,rse" including the replacementof the _mid.-f ainttay bridge on the j7th hotb tia,Tool ; ou, ,""plo""^"itToro Reelmaster ($9,340); and. a new fainlay o"roto. ($6,500).
This year, personnel costs ,, I be allocated between the Arboretum Golf
9o"r!9. and the BGGC for the Director and th.i Grounds Superintendeni,In_,oddition, staff reorganization w r estobrish two positions of Assdstcntttolf Directors to ossume p\mary responsibilily for ctub mana'gementat each course, These positions were previoisry budgeted os" Assistont
-3-
ARBORETUM GOLF COURSE BUDGET SUMMARY
RespectfulL
h
WILLIAM R. BALLING
Village Manager
Reyenues for the Arboretult\Gotf Course will be nominol, inosmuch oswe are _forecasting only g hole play for a portion of the fiscal year.In total, we are forecasting fotol reyenuei at $127,050. 'Limit;d g hoteplay will be priced. at one half the jg hole rate for Fy gg, or $j5.00non-resid.ent and $12.50 resident for g hole play. As r,yith BGGC, noincome is presented from the food. and beverage program ot this time.
Erpenses will totol $1 ,833,929 for the same period. The Board shouldbe aware that $1,676,109 ol this totol is being covered. through the ArboretumGolf Course Fund from the remainder of our Series 1987 Bond. lssue,
A t this time, \^,e belieye that the capitat project wiu be brought in onbudget. To date, the only tvo cost oveiruns relate to the iree managementprogla.m precipitated by the d.rought and the golf course suburoy conitnrcttonon which the bid was higher than our bud.get -estimate.
Vle -antijipate that the operational costs for Arboretum Colf Course in1989.uill cent.er on grounds maintenance and. related slort up cosfs.Vle also anticipate o. grand opentng lerentt, to introduce the course tothe community .
I would like to thank Carmen Molinaro ond Bi Brimm for thetrpreparation and development of this Bud.get. Although presented. inphoses, this budget plan will ossure the Village Boaid ;f the financiatmeans to develop and enhance the Golf Se/vices in our community.
Golf Professionols, In ad.dition, the former position of Assistcnt GolfD_irector is being replaced with a part-ttme issistcnt botf p rofe s sionlal.
lor th.?- ground.s operations, the Superintend.ent will manage both courses,but _will _have -emphosis on Arboretum Golf course. The f6rmer Maintenanceworker lI vrill be reclossi/ied cs o course supervtsor and wilt be primarilyresponsible for BGGC ground.s. ln addition, one additional MaintinanceWorker I vi[ be hired to assist in grounds maintenance.
Finally, to mointoin this operation as an enterprise fund without relianceon property tores, distributions vill be made to the Facilities Debt seryiceFund.
I
submitted,
VIRB /em
Verna L, Clayton
Vlllage Presldeot
John ltarlenthal
Gary Glover
WllllaD Retd
Cannen Mol lnaro
Dlrector of Golf Operations
PGA Class A Professlonal
James Michael
Asslstant Professlonal
PGA Class A Professlonal
VI1LAGE OF BUTIALO GROVE
BI'TFALO GROVE @LF CLUB
BUDGET
JANUARY 1, 1989-DECEI,EER 31, 1989
Joseph lenerelIl
V!llage Treasurer
Wt11lam R. Ba11lnB
Village Manager
Janet M. Slrablan
VlI1age Clerk
Patrlck Shlelds
Jordan Shlfrln
Sidney Mathtss
Robert Dlckenson
Colf Course Superinteodent
Paula Wagasky
Asslstant Professlooal
LPCA Class A Professlonsl
VILLAGE TRUSTEES
VILLACE SIAFF
] orscmrrron * tr'Y 1988 t Fa 1988 * PRoPosm * APPRovED ** BTJDGET * ESIII.TATE * BUDCSI * BuDcEa *
GOLF COURSE FEES
351-01 creens Fees
351-02 Power Cart Rental
351-03 tull Cart Rental
351-04 Drtvlng Range
351-05 Meobershlps
351-06 CIub Storage
351-07 Locker RooE Fees
351-08 Merchandtse Ssles
351-09 Club Reotals
351-10 Vendlng CorrElsslon
351-U lelephone Colmlsslon
351-12 Food and 8ar Rental
351-13 Uti.llty RelnburseDent
351-14 Sales Tax Revenue
Sub-total-Colf Course Fees
INVEST}IEM REVENTIE
361-01 Int. Incooe-Saviogs
361-02 Illt. Incone-Investnent
Pool
361-03 Int. Incone-Certlflcates
of Deposlt
Sub-tota1-Investnent Revenue
ALL CIHER REVENUE
391-07 Mlscellaneous Revenue
Sub-total-A11 other Revenue
CR.AI.ID TOTAL.COLF N'ND
s 400,000
120,000
5,500
50,000
50,000
1,500
700
56,000
950
2,5OO
500
5,025
8,700
4,500
s 715,975
S t 49,926
139,500
7,400
39,635
56,845
1,505
390
6r,525
950
500
500
4,413
8,053
4,447
s 711,549
s 43o,ooo s
130,000
8,000
50,000
55,000
2,000
1,500
90,000
1,000
0
750
5,300\
0)
o<
s 775,550 S
S soo
4,000
9,000
s 13,soo
3,000
3,000
S 8oo
5r 640
L4,2OO
I 21,640
s 500
5,000
10,000
s 15,500
2,000
2,000
s
s
s
s
s
s
s
s
s
s
500
500
s 733,475 S 799,789 S 793,050 S
BUFFALO CROVE COLF CLUB zuND.REVENIIE
VIII.ICE OE BI'FFALO GROVE
DEPARN'ENITL BUDCSI SUI.II.IARY
Et 1989
DEPI: BUFFALO GROVB GOLF CLI,B-546
Bt,DGEf, SI,,IT.1ARY AND DESCRIPTION :
Tte Buffslo Grove Golf club Fund ls to Provlde the eotlre scope of staff and adnlnlstratlve servlces neceasary tooperate the Buffslo Grove GoIf Club on an annual b8sls. To accompllsh thls task, the foll.ovlng prograEs arerequlred to be perforDed:
Golf Course l,lal.ntenance
DepsrtEental AdDlnlstratton and Debt Servlce
Club House Op€ratlons
Colf Course Operatlolls
Stefflng for FY 1989 i,lll conslst of the folloelng posltlons:
1. Dlrector of Golf Opelatlons
2, Asslstant Dlrector of colf Operatlons (2)
3. Golf Course SuperlntendeDt
4. Golf Course Supervlsor
5. colf Course l,talntenance trrorker I (2)
1
2
3
4
rtre oajorlty of the servlces dellvered are of a physlcal nsture ln that the prograns are to provide for theefflclent and effectlve operatlod of a golf course. overall oblectlves of the Departnent ale to Ealntain thephyslcal qu81r.ty of the golf course grounda ln a uanner th€t ls scceptable to the patron snd enhances the enJoynent
sod challenge of the gaEe.
ftre bud8et for the flsc8l perlod: S 777,550
VILLAGE OF BI'FFAI,o GROVE
CAPITAL EXPENSE, I,OJOR COTTRACIS, AND DEBT SERWCE
Pt 1989
DEPT! BUFFALO CR0VE COLF CLIE-546
EXPEND I11'RES
ACCOUNT ITEM AUOUNT A}{OI]NI lIEM
DEBT SERVICE
A},'OUIIT
Prlnclpal PaFrents- S 88,000
Installnent Debt
Intere6t PayEents- S 17r 290
Installtrlent Debt
Transfer to Debt S 741450
Servlce Fund
AMOUNT AMOI'NT
4,400 03-22t2-16
t5-13
Club Car Uttltty S
Veh icle
Falnray Aer€tor S
Hydrsultc Llfrs S
Reels for Parknaster S
Mover
Toro Reeln.ster 215 S
Aerator Plug Pusher g
Pull Csrts S
Ml.sc. Equlpnent S
Blacktop Cart Paths S
rrees S
Brldge Replacement S
#10 Crosslng
5,500 o3-2a
1,070
1,100 04-11
9,340
485
2,000
1,500
3,000
2,000
8,000
Peat Marnlck
llaln & Co.
Nadler Harley-
Davldson
I.R.M.A.
$ 4,200
s 58,500
s 20,ooo
16-14
16-19
17 -t2
MAJOR CONTRACTS
CONTRACMR
DESCRIPIION FY 1988
BIIDGET
FY 1988
ESTI!'ATE
?ROPOSED
BUDGET
:t APPROVED *
,T BUDGET t
PERSONAL SERVICES
01-11 Salarles-Full Tlle
01-12 Salarles-OverrlDe
01-17 Salsrles-Sea8ona1
01-18 LonSevity
Sub-tota 1-Per6ons I Services
PERSONAL BENEFITS
02-11 croup }iedlcs I & Llfe
Ingurance
02-12 Professlonsl Tralotng
02-13 Dues & MeEbershl.ps
02-14 Unlforr Reotals
02-17 Ssfety Equipnenc
Sub-tota1-Pe!son81 Benef lts
OPEN.ATING EXPENSES
03-Ll Telephone
03-12 Postage
03-13 Travel
03-19 PrlntlnS
03-22 Audlt Feeg
03-24 Supplles-0fftce
03-25 Supplle6-A11 other
03-27 l{erchandlse Purchasea
03-28 colf C6rt Rental
03-29 DrlvtnS Range
03-33 Stsre S81es Tax
Sub-totsl-Operatlng Expenses
INSURAIICE & PN'ISIONS
04-11 Rlsk l,lsn.genent pool
04-13 Un€nployuent Insursnce
04-17 Eoployer's Contllbutlon-
' Penslon
Sub-tota1-Insurance & Penslons
@I{ODITIES
07-U Electrlc-facllltles
07-12 cas-F8cllltles
07-13 Wster-Fsc1lltleg
07-29 GleElcals & Fertlllzerg
07-31 SDsll EqulprErr, Tools, &
Hsrdn6re
Sub-total-Comrodi.tles
s 180,810
5,600
50,430
1,450
s 239,290
1,000
1,900
1,080
0
s 2s,880
s 20,000
500
28,120
s 16,200
7,100
1,200
16,500
2,400
$ 2,400
300
2,100
550
4,000
650
15,500
50,000
54,000
8,000
4r500
s 142,ooo
s 18o,9oo
r0,000
54,500
1,450
s 246,850
1,000
r,900
1,315
0
s 27,7Ls
s 15,405
0
28,500
s 16,000
5,500
2,000
12,500
3,800
S 2,300
,o
2,000
700
5,000
200
2L,250
50,750
62,77 5
7,760
4,400
s 157,335
s 165, s16
7,500
52,0t9
1,500
s 227,535
2,000
2,300
t,425
1,000
S 3s,355
S 2,540
500
4,500
550
4,2OO
750
r7 ,250
70,000
58,5oO
8,000
5,300
s 173, o9O
s 20,000
500
26,535
s
s
S 21,900 S 23,500 S 2s,530 S
5
s
s
s
s 48,620 S 43,906 $ 47,13s S
s
s 43,400 S 4O,8OO $ 35,OOO S
BIIFFALO GROI,E C'LF CLI,B FUND GOLF OPERAIIONS
s 10,000
4,000
500
18,500
3,000
DESCRIPIION FY 1988
BUDGET
FY 1988
ESTIMATE
PROPOSED
BI,IDGET
APPROVED *
BUDGET *
I.IAINT. & REPAIR-OIHER
10-11 Malnt. & Repair-Dept.
Equipnent
Sub-tota1-[,alnt. & Repalr-Other
MAINT. & REPAIR-VEHICLES
11-11 casoll.oe
11-13 Autoootlve part s
Sub-tota1-lrs lnt . & Repalr-Vehlcles
CAPIIAL EQIIIPMENI
12-L5 operstlng Equipoent
Sub- tota 1-Opera t lng Equlpnent
CAPITAL PROJECAS-FACILITIES
15-11 Bulldtng Inprovenents
15-13 Colf Course IE[,roveeents
Sub- tota I -Caplta 1 proJects-
Fsc ll lt les
DEBT SERVICE
16-14 Prlnclpsl Paynents-
InstallEent Debt
15-19 Interest PayDeots-
Installment Debt
Sub-total-Debt Servlce
OPERATING TRANSFERS
17-12 Treosfer to Debt Servlce
Sub-totaL-operat lng Traosfers
ALL OTHER EXPENSES
18-28 IRMA Deductable-I,,ork Conp.
18-35 A11 Other Expenses
Sub-total-Al1 Other Expenses
GRAND IOIAL-COLT FUN'D
S 3,400
7,0@
s 10,400
S 1r,ooo
s u,000
s 10,000
3,000
s 13,000
s 26,435
s 25,435
500
3,000
3,500
s 88,ooo
23,45O
S ul,aso
2,300
7,000
9,300
s 15,oo0
s 15,ooo
7,000
5,000
12,000
s 27,000
s 27,000
0
4,000
4,000
s 88rooo
23,450
s 1t1,450
s s7,ooos 57, ooo
500
2,855
3,355
S 3,400
7,7O0
s 11,100
s 10,000
3,500
s 13,500
s 26,395
s 25,395
S 5oo
13,000
s 13,500
s 74,450
S 74,450
500
1,600
2,100
ss
ss
s
s
$
s
s
s
s
s
s
s
s
s
s
s
S 57, ooo
s 57,000
s
s
s
s
s
s
s
s
s
s
500
1,000
1,500
s 733,475 S 755,711 S 777,550 S
BUFFALO GROVE COLF CLUB FI'ND COLF OPERATIONS
MAINI. & REPAIR- TACILIIIES
08-15 Matnt. & Repalr-Bulldlngs &
Crounds
08-17 Malnt. & Repalr- colf
Course
Sub- total-l{,a tnt . & Repalr-
Facll ltles
S l2,ooo S
S 12,ooo S
s 88,000
L7 ,290
s 105,290
17.00
16.00
15.00
14.00
r3.00
12.00
Il.00
10. 00
9 .00
PROJECTIONS FOR TY 1988 BASED ON
ESTIMATED ACTUAIS FOR THE FUND
VILLAGE OF BUFFALO GROVE
BUFFALO GROVE GOLF CLUB
REVENUE-EXPENSE PER PAID ROUND
r.9 7 8- r 988
1978 t979 1980 1981 1982 1983 r984 1985 r986 1987 1988
PER ROI'ND
REVENUE
PER ROI'ND
EXPENSE
ri#ffi
t lta,r,,narataa
V]LLAGE OF BUFTAI,O GROVE
BUFFAIO GROVE GOLF CLUB
PAID ROUNDS
1978- 1988
50000
45000
PAID
ROI'NDS
40000
35000
3 0000
1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988
DATA FOR 1988 BASED ON PROJECTIONS THROUGH OCTOBER, 1988
VILLAGE OF BUTFAI,O GROVE
BUFFALO GROVE GOLF CLUB
PAID ROUNDS
1978- r988
50000
4s000
PAID
ROUNDS
40000
3 5000
1978 1979 1980 1981 1982 r983 1984 1985 1986 1987 1988
DATA FOR 1988 BASED ON PROJECTIONS THROUGH OCTOBER, 1988
30000
A.G.C.
401 Half Day Road
Buffalo crove, lL 60089
913-t 2
48 Raupp BIvd.
Buffalo crove, lL 60089
537 -r8t9
B [rr F A L O \}ROVE
Arboretum Golf Course Buffalo Grove Golf Course
1988 B. c. Resldent
a
GOLF RATES 198 8
i 988
SATIJ'RDAY-SUNDAY
HoLIDAY after I :00
after 3:00
after 5:00
$12.00
10.00
6,00
5.00
WEEKDAYS
Junior &
18 holes
t holes
Twillght
Senior
18 holes
t holes
$ 10.00
6 ,00
6. 00
$ r3.00
8 .00
$8
5
8. 00
.00
.50
$ 7.00
5.00
PuLl Carts
18 holes
t holes
$ t.so
.75
$ 1.50
.75
Bldlng Carts
18 holes
t holes
18 holes senior
t holes
$18.00
9 .00
14.00
7.00
$ 18 .00
9.00
14.00
7 ,00
DRIVING RANGE $ 2.6s $ 2.6s
B.C.c.c.
$r7.00
15.00
8.00
6 .00
A.C.C
401 Half Day Road
Buffalo Crove, IL 60089
9t3- I I t2
B.c.c.c.
48 Raupp Blvd.
Buffalo crove, tL 60089
537 -58t9
Bil*FFALG GROVE
MEMBERSHIP RATES
Buffalo Crove Golf CourseArboretum Golf Course o
TYPE 1989
FuIl Menbershlp
7 Days
Ful1 Membershlp
6 Days - Weekdays and
One Weekend Day
75.00 NON-RESIDENT
25.00 B. G. RESIDENT
$s
$4
Senlor & Junlor
Memberships
$2
$2
5O.OO NON-RESIDENT
I5.OO B. G. RESIDENT
Regular Weekday
Menbershlp
$ 375.00 NON-RESIDENT
$ 3OO.OO B. G. RESIDENT
RECULAR WEEKDAY
Membership
Ilusband & Wlfe
ON
OB
$5
$4
50.0
25.0
ON-RESIDENT
.G. RESIDENT
$ 725.OO NON-RESIDENT
$ 53O. OO B.G. RESIDENT
401 Half Day Road
Buffalo Grove, IL 60089
913_t ll2
B.C.c.c.
Btr 'r FALO fROVEt
Arboretum Golf Course
COMPARISON OF GOLF RATES 19 88-19 ff'
RATE CATEGORY
o
This conparlson ls to show the actual dollar and percentageehanges ln all golf rates berveen 19gg-l9gt. Al1 types aidclasses are taken lnto conslderatlons.
SAT-SI]N-HOLIDAY
af ter I :00
after 3:00
after 6:00
WEEKDAYS
18 holes
t holes
JI'NIOR & SENIOR
18 holes
t holes
TI.JILIGHT
14.00
9.00
r 3.00 7.69
8.00 12.50
1r.00 I
7.00
0. 00
6 .00
10. 00
t6 ,67
8. 50
6 .00
8.00 6.255.50 9.09
7.00 7.L4
5 .00 -0-
7.50
5 .00
9.00 8.00 12.50 7.00 6.00 16.67
PIILL CARTS
l8 holes
t holes $1
I
.75
.00
$ 1.50 r5.67 $ t.7s g
.75 33.33 1.00
1.50 r6.57'.75 33.33
$r8.00
10.00
14.00
8.00
-0-ll.lr
-0-
14.29
$18.00 $18.00 -0-r0.00 9.00 11.11
14.00 14.00 -0-.00 7.00 t4.29
DRIVING RANGE $@ $ 2.65 3.77 $ 2.7s $ 2.65 3.77
A.C.C.
48 Raupp Blvd.
Buffalo Crove, lL 60089
537 -5819
Buffalo Grove Golf Course
NON-RESIDENT RESIDENTrq'8-!----Te8-6ileEsus:r5,00 15.00 6.67 11.00 LO.O0 10.0010.00 8.00 25.00 8,OO 6.00 33.336.00 6.00 -0- 5.00 5.OO _O_
RIDING CARTS
18 holes
t holes
18 holes senlort holes senlor
$r8.00
9 .00
14.00
7 .00
AC.C
401 Half Day Road
Buffalo Crove. tL 60089
9t3- I I l2
B.G.c.C.
48 Raupp BIvd.
Buffalo Crove, tL 60089
53',1-58t9
Bd-FFALG-GROVE
Arboretum GoIf Course o
0nce again these membershlp
If you wish to renerr, p1e
Buffalo Grove Golf Course
the 19 88 season.
and allowing
g any effort to
s will be sold on
Dear Mernber:
We have reached a decislon on our rates for
As i.n the past,!re are notlfylng all nenbers
theD to renet, their ueubershlp before nakln
seek necr ones.
a lfinlted basls.ase notlfy us assoon as posslble. February 15th w111 be the deadllne to letus knov of your lntentlons to renev your membershlp.
FULL MEMBERSHIP - 7 DAYS::Unlimited veekday golflng plus
on Saturday and Sunday Mornlngs
ude members, or golfers who have
s aturday Sunday. Foursones
durlng the season t[ust lncl
pald for reserved tlme.
30,00 Buffalo Grove res idents
25.00 Non-resldent
FULL MEMBERSHIP 6 DAYS: :
Saturda I g Sunday. Fours
Mornings durlng the seasongolfers uho have pald for
Indivldual
Indlvldual
Unlimlted weekday golfing p lus
omes on Saturday or Sunday
nust lnclude members or
reserved tlne.
$ 300,00 Buffalo Grove Residents
$ 375.00 Non-Res ldent
50.00 Buffalo Grove Re s ldents
25.00 Non-Resldents
Non-Resldents
$s
$7
25.00 Buffalo Crove resldents
75.00 Non-resldents
SENIOR MEMBERSHIP:Unlimited weekday golfing for seniorcitlzens,
JIINIOR MEMBERSHIP:Unllmited veekday golfing for golfers
age 14-18.
15.00 Buffalo Grove residents
50.00 Menbershlp non-resldents
REGULAR TIEEKDAY MEMBERSHIP: Unlinired r,reekday golf lng.
Husban
Husban
Wlfe
Wl fe
$2
$2
$s
$4
d&
d&
We are looking forward to hearlng from you a1l very soon and
we know we w111 all have another great golflng season ln
1989.
$4
$5
$ 215.00 Buffalo crove resldenrs
$ 250.00 Membershlp non-residents
A.C.C
401 Half Day Road
Buffalo Grove. lL 60089
913-t 2
B.c.c.c.
48 Raupp Blvd.
Buffalo crove, lL 60089
577 -58t9
BVYFALO rcROVE
Arboretum Golf Course Buffalo Grove Colf Courseo
RESERVED STARTING TIME AGREEMENT I 989
1. NAME
ADDRESS
CITY
)
3
Preferred tee-off tlne A.M._(SAT. OR SIrN.)
To secure a glven time on every Saturday or Sunday fortventy rreeks of the season, (May 6th through Sept17th), I am submittlng a fee of $1,440.00 ;hlch- anountsto $360.00 per person.
I understand that no refund can be nade after purchase,but that ln the event of Lnclernent rreatheruy ilckets
can be used at any tlme durlng the week or on Saturdayor Sunday after the season.
Buffalo Grove Golf Club nust know of your intentions ofplaying at Buffalo Grove ln 1989 by no later than
4
5
January 1, 1989. Buffal o Grove Golf Club should alsorecelve a nlnimum of one-h alf payment b y that time and
xnus t recelve f ull payment b y Aprll I, 1989.
I hereby apply for reserve starting tLme in the Buffalo
Grove Golf Club and agree to ablde by the rules andregulatlons set forth by the condltlons of this menbershlp.
DATE APPLICANTIS SIGNATI'RE
Accepted thls_day of 19
BUFFALO GROVE GOLF CLUB
Offlctal Signature
FOURSOME
NAME ADDRESS PHONE
PHONE
1.
3.
4.
VILLAGE OF BUFI'ALO CROVE
GOLF COURSE INSTALLMENT PTIRCHASE AGREEMENT
DEBT SERVICE SCHEDULE
ORD INANCE 75-55
NoVEIBER 8, 197 5
Tax Le vy Year Amount Due
79,000
5l ,000
00
00
00
Paynent D ate Interest
$--25;se7
37 ,7 65
37,135
36 , 190
35,245
34, 300
33, 35s
32,4L0
31,455
30,520
29,575
28,175
26,775
25 ,37 5
23,975
22,57 5
2t,t75
t9,775
l8,375
16 ,97 5
15,575
l4 ,035
12,495
10, 955
9,4t5
7,875
6,33s
4,795
3,255
1,628
Prlnc I Pa1 TotaII ZfTz
5s,765 $
64 ,135
63,190
62,245
6r,300
60, 35s
59,410
58,465
57,520
69,575
68,175
66 ,77 5
65,375
63 ,97 5
62,575
6l, r75
59 ,77 5
58, 375
56 ,97 5
59,575
58,035
55,495
54.,955
53,4t5
s1,875
50, 335
48 ,7 95
49,755
48 , 128
May I,
Nov. I
ay I,
Nov. I
May i,
Nov. I
Uay l,
Nov, I
May l,
Nov. I
May l,
Nov. I
May 1,
Nov, I
l,tay I ,
Nov, I
May I,
Nov. I
May I,
Nov. I
May I,
Nov. I
I'Iay I ,
Nov. I
May l,
Nov. I
May I,
Nov. l,
llay I,
Nov. l,
t977, r977
r978
, 1978
1979
,1979
r980
,1980
l98l
, l98l
1982
, 1982
198 3
, 1983
r984
, 1984
1985
, 1985
1986
,1986
1987
, 1987
1988
, 1988
99,362
127 ,325
123,545
rtg ,7 65
115,985
r37,750
132, 150
125,550
I20,950
1I5,350
Il7,6l0
tll,450
r05,290
99, t 30
97 ,883
t976
1977
1978
1979
r 980
1981
1982
r983
1984
I985
1986
t987
1988
198 9
1990
95 3 ,000
925,000
899, 000
872,000
845 ,000
805 ,000
765 ,000
7 25 ,000
685 ,000
645 ,000
605,000
565 ,000
525,000
485 ,000
445 ,000
401,000
357,000
31 3 ,000
269 ,000
225 ,OO0
181,000
137,000
93,000
46,500
0
$
34,0
07 ,o
80,0
0
0
0
0
9
91,
1,
I,
I,
l8, ooo
18 ,000
27 ,000
27 ,ooo
27 ,ooo
27 ,000
27 ,000
27,000
27 ,000
27,000
40 ,000
40,000
40 ,000
40 ,000
40 ,000
40,000
40,000
40,000
40,000
40,000
44 ,000
44,000
44 ,000
44,000
44 ,000
44,000
44,000
44 ,000
46 ,500
46 ,500
1989
r989
1990
I9 90
l9 9I
l9 9l
Total $ 6s3,095 $r,097,000 $1,7s0,095 $1,750,095
Verna L. Clayton
Vlllage Plesl.dent
John Msrienthal
Gary Clover
l.It lliao Reld
Carme[ ldollnaro
Dlrector of Golf Operatlons
PCA Class A ProfesslonaL
James Mlchael
Asslstant Professlonal
PeA Class A Professlonal
VILI.AGT OF BI]TALO GROVE
AREORETUU @LF COI]RSE
BI'DCET
JANUARY 1, I989-DECEMBER 31, 1989
VILLAGE TRUSTEES
Joseph Tenere111
V111age Treasurer
VILLAGE STAFF
Wtlltan R. Balling
Vl11age ManaSer
Janet U. Slr8blan
Vllla8e Clerk
Patrlck Shields
Jordan Shlfrln
Sldney Mathlas
Robe.t Dlckensoo
Colf Course SuperlnteRdent
Pauls Wagssky
Asslstant Profegslonal
LPGA Class A prdfesslonal
DESCRIPTION FY 1988 *
BI'DGET *
Fr 1988
ESTIMAIE
PROPOSED
BI'DGET
* APPROVED *
* BUDGEI *
INVESII"IENT REVENUE
361-01 Int. IncoDe-sav1rtgs
361-02 Int. IncoEe-Iovestment
Pool
351-03 Int. IocoEe-Certlflcates
of Deposit
Sub-total-Invegtment Revenue
ALL OTHER REVENUE
391-07 Ulscellsneous Revenue
Sub-tota1-A11 other Revenue
GR.AND IOTAL -ARBORTTUM GOLF
COURSE fl'ND
s
2ro
3,210
0
115,000
0
0
0
n
0
0
o
3,000
0
0
0
0
0
s 0
0
0
0
0
0
257
0
0
0
0
0
0
257
s
ss
sss
00
0
I
s
0
172,792
0
50,000
s
0
S u5,ooo 5 L12,792 $ 5o,oo0 S
s 115,000 s 173,049 S 177,050 S
0
s
s
s
s
0s
s
ARBORETW GOLF COURSE FUND. REVENIJE
GOLF COURSE FEES
351-0t- creeos Fees
351-02 Por.er Cart Rental
351-03 tul1 Cart Rental
351-04 Drlvlng Rsnge
351-05 i,lembershtps
351-05 CIub Storage
351-07 Locker Rooa Fees
351-08 Merchandlse Sales
35L-09 Ctub Rentals
351-10 Vendtng Cot@lsslon
351-U felephone Comolsslon
351-12 Food aod Bar Rental
351-13 Ut11lty Relubursement
351-14 Sales Tax Revenue
Sub-total-Co1f Course Fees
0
s 80,000
30,000
1,000
0
0
0
0
15,000
0
0
0
0
0
1,050
$ 127,050s
VILLACE OF BTJFFALO GROVE
DEPARTT.IEITAL BUDGET SIII.EIARY
FY 1989
DEPT: ARBOpJTtnI coLF COIIRSE-5A8
BUDCET SI'IO,'ARY AND DESCRIPTION
Thtg fund [e to prDvlde for the accountlng gnd nanagenent for the flnal deslgn 8nd construction of the Arboretlacolf course oo the forDer trlore Nursery proPerty. rn addltlon to the capltal developoent, necegsary staff supportservlces L'111 be dedlcated to lnsure that an effecttve and efflclent conatructlon progran r.l1l occur. capltslphsses rr111 lnclude coordl.natlng flnal deslgn, lrrlgati.on aud irell construction, Dss6 aod flnal featute gradlng andearth'orkr tree maneseDent, landsc€ptngr cart path and Elscellaneous paving, Route 22 underpass deslgn andconatructlon' and club house rehabllltstlon aoonsst other eleee[ts. rn addltlort, cepita]. equlpqent snd supplles't'111 be Provlded for oPeratlonal purposea' rn addltlo[ to the maJor capltal eleoe[ts ooted above, so{1e oper€tlonsl
and nalntenaoce comltnent nltl be necessary to asslst ln assurlng the succes8 of the landscaplng perforrned iocalend8r, 1989.
All develoFrent and constructlon work wlll take place wlthln the establlshed €nd approved plans and budgetary andoper8tlng criterla and guidellnes. All objectlves irlll proc€ed r,lth due dlllgence, but knowlng ful1 rrell that thlscspltal proS!8o is unlque ln nature and one that ls posslbly l[pected by conditlo[s of nature that are 811 beyondthe control of the vllla8e. In addltton to the flnsllzatlon of actual developDent, lt ls antlclpated that the 8o1fcouise w!11 open for llDited play ln the surEer of 1989.
Ihe budget for the flscal perlod: S 1rS33,929
VILLIGE Or BUI'rALO GROVE
CAPITAL EXTENSE, I{AJOR CONTTACTS, AND DEBI SERVICE
r"r 1989
MAJOR CONTRACTS
AMOI'NT AI'IOI'NT CONTRACTOR AMOI,INT AI.'OUNT ITEM
DEPT I
ACCOUNT ITEM
15-13
operatlng Equip.
Bulldtng
IEprovenents
Golf Course
Inprove@nts
Mass Gradlng
Flntsh cladtng/
Crssslng
Feature Gradlng/
Paths, I.Ia1ls,
Bridges
I!rlgatlon
free Prograur
Well
Underpass
Pavlng
Consultlng
Lot Lightlng
ARBORETT'M @LF COURSE-548
CAPITAL EX?IND I11'RES DEBT SERVICE
AMOUMI
12-L6
15- 1t
s 15o,ooo
s 100,000
o3-22
03- 28
S 2,500
s 13,500
t-5-11
15-16
Pest !,arwlck
!|a ln & Co.
N6d1er llarley-
Dsvldgon
Prhclpal Payments- S O
General Obllgstlon
Boodg
Intereat Paynents- 9234r 380
General Obllgatlon
Bond ss0
s 224,397
s 78,279
$ 81,309
s 171,228
s 62,316
s 505,ooo
Sos 40,ooo
s 9,200
DESCRIPTION FY 1988
BI,IDCEf,
FY 1988
ESIIMATE
PROPOSED *
BI'DGET *
APPROVED *
BUDGET *
PERSONAL SERVICES
01-lL Salarles-Full flEe
01-L2 Salarles-OvertlEe
01-17 Salarles-Sessonal
01-18 Lo!gevi.ry
Sub-tota1-Personal Servlces
PERSONAL BEMPIIS
02-U Croup Medlcal & Ltfe
Insurance
02-12 Professlonel Tralnlng
02-13 Dues & Membershlps
02-14 Unlfort! Rentals
02-17 Safety Equlpoent
Sub-tota1-Persona I Benef lts
OPERTTING DOENSES
03-11 Telephone
03-12 Postage
03-13 Travel
03-19 Prlnrlng
03-22 Audlt Fees
03-23 Flscal Agent Fees
03-24 Suppltes-0fftce
03-25 Suppltes-A1l orher
03-27 lGrchandlse Purchases
03-28 colf Cart Rental
03-29 Drtving Rsnge
03-33 State Sales fax
Sub-tota1-OperatLng Expenses
INSI]RINCE & PENSIONS
04-U Rlsk ManageBent pool
04-13 Unehploynent Insurance
' 04-17 Employer's Contrlbutlon-
PensLoo
Sub-tota1-Insurance & peosions
cfiI,oDIrrEs
07-11 Electrlc-Fac l.1lt ies
07-12 Gas-Facilltles
07-13 Water-Fac11 ltles
07-29 Chelltlcals & Fertllizers
07-31 S,tE1l Equiptnent, foots, &
Hardllare
Sub-total -Cofilod ltles
ss23,t67
0
12,000
0
35,t61
0
100
0
300
0
1,000
0
100
2,000
0
0
200
3,700
s 23,167
0
5,000
0
s 28,167
0s
s
0s
43,325
0
25,500
0
68,825
0
0
800
0
800
0s
s
sss
s
s
0
0
0
0
0s
0
0
0
0
0s s
Ssss 1,500
500
0
1,000
2,600
1,500
500
2,000
10,000
13,500
0
1,000
s 34,100s s
sss0
0
3,950
2,500
500
0
6,000
0
0
0
7 ,445
s 1o,oo0
1,500
1,5 00
12,000
500
o
0
3,750
3,000
650
150
0
0
s
S 3,950 $ 3,750 S 7,845 S
s ss
$ 9,ooo S 3,soo S 25,soo S
ARBOREruU @LF COURSE FIJND CTLF OPERATIONS
500
100
0
250
1,100
1,500
0
0
1,200
0
0
0
4,650
* DEscRrprroN * E'Y 1988 * FY 1988 * PRoPosED * APPRoVED ** BUD@I * ESTIT.UIE * BUDGEf, * BI'DGE! *ffi* ****r
}IAIM. & REPA IR- FACILITIES
08-15 Ualnt. & Repatr-Bulldlngs &
Grounds
08-L7 Malnt. & Rep8lr- colf
Course
Sub-total-Ma lnt. & Repair-
Pactlltl.es.
MAINT, & REPAIR- THER
10-11 ltalnr. & Repatr-Dept.
Equlpnent
Sub-total-Ma1u . & Repalr-Other
MAIItT. & REPAI R- VEIIICLES
11-11 Gasollne
11-13 Autonotive Parts
Sub-tots l-Ma lnt . & Repair-Vehlcles
CAPITAL EQUIPMENT
12-15 Operatlng Equlpment
Sub-totaL-Operatlng Equlpnent
CAPITAL PROJECIS - FAC IL ITIES
15-11 Bulldtng ImproveDents
15-13 C'olf Course Iuproveoents
Sub- tota I -Caplta L ProJects-
Eacllltles
DEBT SER1rICE
16-11 Prlnclpsl PsyDeots-
General Obllgatlon Bonds
15-15 Interest PayEnts-
General obllgatlon Bonds
Sub-tota1-Debt Servlce
OPERATING TR.ANSFERS
17-12 Transfer to Debt Servlce
Sub-tota1-Operatiog lransf ers
ALL OrliER EX?ENSES
18-28 IRM Deductable-Work Conp.
18-35 A11 0ther Expenses
Sub-tota1-AI1 Other Expenses
GR.A.ND TOIAL.COLF FUND
so
10,000
s 10,000
s2,24t,9L5 52,24t,9L5 51,833,929 S
s
0
s
0
0
0
0
0
0
s
s
0
0
0
s
s
s 210,000s 21o,ooo
s 100,000
1,545,218
s1,745,218
S 5,ooo
1,185,380
s1,190,380
So
234,380
s 234,380
7,000
750
7,750
s 17o,ooos 17o,ooo
s loo,ooo
L,t1L,129
$L,21L,129
s0
234,38O
s 234,380
s0s
s
s
s
s
s
0
0
0
s
c
s
s
s
s
0
0
s
s
s
s
s
s
0
0
s
s
0
0
s(
s
s
0
0
s
s
0
0
0
s
s
0s
500
0
500
s
s
s
s
0
0
ARBOR-ETU}' GOLF COURSE FT'ND COLF OPENATIONS
s
So
234,380
$ 234,380
s
S 3,ooo S
s 3,000 s
A.G.C
401 Half Day Road
Buffalo crove, lL 60089
9t?-|t2
B.c.G.c.
48 Raupp Blvd.
Buffalo crove, IL 60089
,?7 -58t9
BI}r'FALO CROVE
Arboretum Golf Course o
ARBORETI]M GOLF CLUB OF BUTFALO GRO VE
1989 GOLF RATES
NON-RESIDENT RESIDENT
Buffalo Grove Golf Course
WEEKDAYS & WEEKENDS
after 3:00 P.M.
after 6:00 P.M.
POi,JER CARS
after 3:00 P.M.
PULL CARTS
$30.00
r7.00
12.00
$20.00
$ 14 .00
$ 3.00
$2s.00
15.00
10 .00
$20.00
$ r4.00
$ 3.00
VILLAGE OF BUFFALO GROVE
GOLF COURSE GENERAL OBLIGATION BOND
SERIES 1987
DEBT SERVICE SCHEDI'LE
ORDINANCE 87-33
APRIL 5, 198 7
Pa)rment Date In tere st Princlpal Total Tax Levy
$389, 982
234,380
354, 380
353,52O
352,370
355,5ro
353, 050
354, 930
350, 940
35r,340
350,800
354,280
351 , 410
352,67 5
352 ,7 ts
35r,500
354, 000
355 , 100
354, 800
353,100
Year Amount DueDec. 30,
June 30,
Dec. 30,
June 30,
Dec.30,
June 30,
Dec. 30,
June 30,
Dec,30,
June 30,
Dec . 30,
June 30,
Dec. 30,
June 30,
Dec. 30,
June 30,
Dec. 30,
June 30,
Dec.30,
June 30,
Dec.30,
June 30,
Dec.30,
June 30,
Dec. 30,
June 30,
Dec. 30,
June 30,
Dec.30,
June 30,
Dec.30,
June 30,
Dec.30,
June 30,
Dec.30,
June 30,
Dee. 30,
June 30,
Dec, 30,
June 30,
Dec. 30,
t987
r988
r988
l9 89
1989
r990
r 990
I99r
t 991
1992
1992
r993
1993
1994
r994
19 95
1995
r996
1996
t997
199"1
1998
199I
t999
t999
2000
2000
2001
2001
2002
2002
2003
2003
2004
2004
2005
2005
2005
200 5
2007
2007
117, 190
117,190
tt7,l90
117,190
i17,190
117, t90
I14,310
114,310
111,185
llr,185
107, 805
107 , 80s
104,025
t04,025
99,965
99,965
95,470
95,470
90,670
90 ,57 0
85 ,400
85,400
79,648
79,540
7 3 ,205
73,205
66,337
66,337
58,857
58, 857
50, 750
50,750
42,000
42, 000
32,5s0
32,550
22,400
22,400
1 1 ,550
1l,550
120,000
125, 000
130, 000
140, 000
145 , 000
I55, 000
160, 000
170 , 000
180,000
r9s,000
205,000
220,000
235,000
250, 000
270,000
290,000
3r0,000
330, 000
1987
198 8
1989
1990
l99 r
t992
r 993
r994
1995
t996
t997
1998
t999
2000
2001
2002
2003
2004
200 5
2006
630, 000
630,000
630,000
630, 000
630,000
6 30, 000
510,000
510, 000
385, 000
38s,000
255,000
255,000
115 , 000
l 15, 000
970,000
970,000
815,000
815 ,000
655 ,000
655,000
485, 000
485,000
305,000
305 ,000
110,000
1r0,000
9os, ooo
905,000
685,000
155,602 $$ r55, 602
1 I7, 190
117,190
1I7,t90
117,190
117,190
237 ,190
r 14, 310
239, 3 r0
111,185
241 , t85
107,805
247,805
104,025
249 ,025
99,965
254,965
95 ,47 0
255,470
90 ,67 0
260 ,67 0
85, 400
26s ,400
79,640
27 4 ,640
7 3,205
278,205
65,337
286,337
$3,
3,
3,
3,
2
3,
3,
3,
3,
J,
3,
3,,
2,,
,,
.,
)
2,)
.,
2,
2,,
I,
l,
1,
I,
l,
l,
I,
l,
58,857
293,8s7
50,750
300, 750
42,000
312,000
32,550
322,550
22,400
332 ,400
11,550
34r,550
585, 000
450, 000
450,000
200, 000
200, 000
930, 000
930,000
640,000
540, 000
330, 000
330,000
0
Total $3,3s0,982 $3,530,000 $6,980,982 $6,980,982
Wll-llan R. Balllng
Wlll1arn H, Brlum
Noveuber 22, 1988
FY 1989 Golf Fund Budgets
,, ,r, . 1*)
TO:
rROM:
DATE:
SUBJECT :
Attached, please flnd a Resolutlon for consideration by the President and
Board of Trustees on Decenber 5, i988 approvlng the FY 1989 Budgets for both
the Buffalo Grove Golf Club and Arboretum Golf Course Funds, Copies of the
flnalized budget are attached. Based on the dlrection of the Village Board
of November 21, 1988, the budgets were placed lnto final form for adoptlon
consideratlon.
In regards to the xoajor concern of the Vlllage Board, that being a percentage
spread betlreen resldent and non-resldent rates, an analysis was performed ln
order to seek a consensus on a representatlve benchmark for rate spreads infuture year6. Rates rrere reviewed from fiscal year 1984 through 1989 wlth
the followlng results:
1) The res ident /non-resident rate dlfferenttal has ranged fron a hlghof 46.742 ln 1985 Eo a 1ow of 32.092 tn 1988. These values are based
on averages of the lndlvldual play rate categorles.
2) The s1x flscal year average dtfferentlal 1s 38.962.
In revlewlng our rate structure and our deslre to remain competltlve lrlth
other publlc play courses, both private and munlclpal/park, a recormendatl-on
would be to develop an annual rate atructure !r1th a benchmark of 332 between
resldentlal and non-resldentlal rates. This rrould permlt rate flexlblllty as
artlculated by the Vlllage Board and set a benchmark that is both reallstlc
betlreen play groups but renains competitive with other area courses.
The renalnlng procedural steps in conpletlng the FY 1989 budgetary cycle for
these funds, wlth the exception of food servlce, ls:
December 7, 1988: Publish Notlce of Ilearing re: FY 1989 Approprlatlon
Ordinance
December 19, 1988: Hold publlc hearing on Approprlatlon Ordlnance
January 2 ot 3, 1989: Adopt AppropriatLon Ordlnance.
,.,Jr,t u*"^
Wllllam H, Brlmn/rf
3) The rate dlfferentlal for the 1988-1989 perlod ls, on average, 32.267".In the four prlor years,the differentlal was 44.002.