HomeMy WebLinkAboutRes 1963-178 Approving Budget for NPBCC for 1963-64•
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RESOLUTION 11 178
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM
BEACH, FLORIDA, RATIFYING AND APPROVING A BUDGET FOR THE OPERATION OF THE
NORTH PALM BEACH COUNTRY CLUB RECREATIONAL FACILITIES FOR THE FISCAL YEAR
1963 - 1964.
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BE IT AND IT IS HEREBY RESOLVE➢ BY THE VILLAGE COUNCIL OF THE VILLAGE
OF NORTH PALM BEACH, FLORIDA:
Section 1, The budget for the operation of the North Palm Beach
Country Club Recreational Facilities (as defined in Ordinance No, 69) for the
fiscal year beginning November 1, 1963, and ending October 31, 1964, as shown
on the following report by the Village Treasurer and Village Manager, is here-
by ratified and approved,
NORTH PALM BEACH COUNTRY CLUB RECREATIONAL FACILITIES
(As defined in Ordinance No. 69)
a. Estimated income and revenues of every nature to be derived
from operation of said Facilities in said fiscal year, and
to be deposited in "Revenue Fund" set up by said Ordinance
No. 69.
GOLF COURSE
Memberships $ 100',000
Electric Carts 40,000
Greens Fees 60,000
Hand Carts 3,600
Driving Range 16,000
Locker Rentals 1,000
TOTAL - Golf Course $ 220,600
SWIMMING POOL
Memberships $ 50,000
Guest Fees 3,000
Lessons 200
Village Recreation Program 1,500
Aquatic Shows 1,500
Miscellaneous 100
TOTAL - Swimming Pool 56,300
DINING ROOM
Memberships $ 2,000
Food 90,000
Bar, Liquor 45,000
Bar, Beer 10,000
Bar, Other 1,000
Miscellaneous 4,000
TOTAL - ➢ining Room 152,000
OTHER REVENUE
Cigarette Sales $ 50
Refunds 100
Sale of Balls 200
Miscellaneous 12,870
TOTAL - Other Revenue
13,220
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TOTAL ESTIMATED INCOME AND REVENUES
FOR REVENUE FUND $ 442,120
b, Estimated disbursements from Revenue Fund in said fiscal year:
Necessary expenses of operating and maintaining said Facilities
( including improvements, replacements and capital adidtions,
not exceeding at any one time the sum of $1,000)
$ 442,000*
*In the event such totals are not needed for said purposes, 25% of
the balance, if any, will be deposited to the "Reserve Operation
Fund" provided by Ordinance No. 69 until such fund reaches a total
of $40,000, and 75% of the balance will be utilitxed as provided
in said Ordinance No, 69, Expenditures from said Reserve Operation
Fund shall be used only for making improvements, replacements, and
capital additions to said Facilities exceeding at any one time the
sum of $1,000.
PASSED AND ADOPTED this 24th day of October, 1963.
(SEAL)
ATTEST:
mayor