I waited patiently to give my input at the budget meeting last night and by the time I got to stand in front of the microphone a lot of tired people had left and the rest of the tired people's eyes looked pretty glazed over. The meeting lasted more than an hour and a half and several people were so incensed that they had spoken two or three times before I got up to speak. So if you were one of those who left early or one of those that wish they had, here's what I had to say. It's a true story.
Clubhouse North Lounge, April 19, 2012
I can vividly remember being in this room almost seven years
ago waiting to vote on a controversial tax district budget that contained $68K
for capital improvements to the golf course. The year was 2005 and the twenty
year bond that was taken out in 1985 to buy the golf course was about to be
paid off, leaving us, we thought with extra money to use for upgrades to the
common areas, like new sidewalks and perhaps even a fitness center in the
clubhouse.
Actually when I first moved to FW 13 years ago sidewalk was
a dirty word and I don’t mean because people spit on them or dropped their gum
there. A lot of residents here didn’t want sidewalks constructed and if you
said something about it they would tell you that if you wanted to walk you
should join the golf course. I guess they were recruiting members in those days
too.
As it turned out, instead of the $100K being made available in
2005 for uses that benefit the entire community, the board chose to spend at
least some of the money on the shining jewel of Farmington Woods: the golf
course. There was quite a backlash to this. A group was formed that passed out
flyers urging us to vote NO and on the night of the budget vote this room was
packed.
But alas, the energy put forth by the opposition to the
budget was for naught and it passed anyway. Rumor was that the golfers had
their friends sign a pledge to vote for the budget. That seemed too
preposterous to be true, but it was never determined whether it was or wasn’t.
Now we’re sitting here seven years later talking about
budgets again and the conversation is still about the golf course and the club
house and how far in the red they will be this year. An ad-hoc committee was formed in 2009 to
study the golf situation and come up with alternatives, if any. The report
revealed a couple of things and came to one particular conclusion: first, that
golf both here and most other places locally were in trouble. Membership was
falling. Now we know it’s a worldwide problem according KPMG.
The other thing they decided was that the course was a
benefit to all FW residents and as an amenity like pools and tennis courts
should be supported by them whenever membership numbers were too low for them
to support themselves. There are currently 89 resident golfers. We probably should
thank them for their financial support; but they might want to think about
thanking us for supporting their recreational endeavors.
In the end the committee came to the conclusion that until
golf operations could pay for themselves the community should use condo fees
and district taxes to help support the course whenever a shortfall occurred.
Because the problem wasn’t going away any time soon they were emphatic that the
problem and possible solutions should be addressed yearly to be certain we were
headed in the right direction.
It’s 2012, we’ve had three budgets since that report was
written and we’re reviewing our options, one of which is to float bonds that if
both pass, would keep us indebted for another 20 year period. (I call it a 20
year “debt sentence”.)The golf course and clubhouse are still losing money, but
we are asked to believe that if we just spend more, things will get better.
It’s not gonna happen.
I talked to the owner of an area landscape company yesterday
who is very familiar with the golf business; his father ran Farmington Country
Club and he himself worked in the golf industry for 15 years.
Bottom line, according to him: private golf clubs are in a
death spiral in this area. Farmington Country Club has 190 members and courses
have declared bankruptcy in New London (which ironically enough floated a $4M
bond for improvements a year before they went under), Bloomfield, and in
Woodbridge there were two.
The town of Woodbridge bought Woodbridge CC in 2009 to keep
developers from building track homes and overwhelming their school system. But
now they’re trying to trim $2M off the $7M they financed so that ironically
enough they will have funds to make improvements to their schools and the
police department. They have Billy Casper Golf running the operation; using
golfing fees over the last three years they have so far only managed to pay off
the dept service.
Do you really believe that a small government entity,
whether a condo association or a tax district can run a golf operation
efficiently enough in these economic times to break even without coming back to
the well every year for more and every 20 years for even more? According to my
sources in the golf industry that’s called “free money” and it’s too tempting
to pass up.
If you really want this to continue, it’s also a free
country, VOTE YES. I plan to vote
against the bonds and the budgets, but if your side wins, I believe in
democracy and I guess myself and others that think like me will just have to
suck it up and go along for the ride.
No comments:
Post a Comment