Tab373
Q-School Graduate
Fee are going up 9% next year because they predict the same will leave as last year. I think they are going to regret it coz people are not happy with 9% increase I believe they have done this because if current members pay 9% more It will help reduce the loss over all. what a lot of rubbish. I know a lot of people have complained but they are not listening.here is the response from the club.
As shown on the fee schedule I have set the full adult fee for 2017 at £840. This is a 9% increase over the 2016 fee of £770.
The facility to pay this by quarterly DD without surcharge remains which means that quarterly basic payment rises by £17.50.
Clearly this is a much larger increase than the last two years which were both approximately 2%. The fundamental reason for this much larger increase this year is that we lost 8% of our membership last January, it would be prudent to expect a similar membership loss in January 2017.
The club’s finances remain sound however despite the fall in membership. When the 2016 accounts are published next March they will show that we have a cash surplus of over £80,000. We do not have any major borrowings or an overdraft. Despite this it would not be sensible to run a budgeted deficit if we can avoid it.
The fall in membership at ******** is echoed in all the other clubs in our area despite a number of West Country golf clubs going out of business in recent years. In an effort to buck this trend our marketing group are running a series of exercises to boost new applications. So far in 2016 we have welcomed 14 new members to the club in all categories.
In the current climate the Board is doing everything possible to control costs while continuing to deliver a very high quality playing facility. In the nine months to 30th September 2016 the Direct Costs of running the Course and Bar were £167,000, which is 15% below budget. The total overheads costs for the same period are £263,000, 2% below budget.
If you have any questions that you would like me to answer please do not hesitate to email me on the address below
As shown on the fee schedule I have set the full adult fee for 2017 at £840. This is a 9% increase over the 2016 fee of £770.
The facility to pay this by quarterly DD without surcharge remains which means that quarterly basic payment rises by £17.50.
Clearly this is a much larger increase than the last two years which were both approximately 2%. The fundamental reason for this much larger increase this year is that we lost 8% of our membership last January, it would be prudent to expect a similar membership loss in January 2017.
The club’s finances remain sound however despite the fall in membership. When the 2016 accounts are published next March they will show that we have a cash surplus of over £80,000. We do not have any major borrowings or an overdraft. Despite this it would not be sensible to run a budgeted deficit if we can avoid it.
The fall in membership at ******** is echoed in all the other clubs in our area despite a number of West Country golf clubs going out of business in recent years. In an effort to buck this trend our marketing group are running a series of exercises to boost new applications. So far in 2016 we have welcomed 14 new members to the club in all categories.
In the current climate the Board is doing everything possible to control costs while continuing to deliver a very high quality playing facility. In the nine months to 30th September 2016 the Direct Costs of running the Course and Bar were £167,000, which is 15% below budget. The total overheads costs for the same period are £263,000, 2% below budget.
If you have any questions that you would like me to answer please do not hesitate to email me on the address below
