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Home Sports Wet weather, cancelled events prove challenges for Lone Wolf this summer

Wet weather, cancelled events prove challenges for Lone Wolf this summer

TAYLOR, B.C. – The Lone Wolf Golf Club presented their 2nd quarter financial report at yesterday’s District of Taylor Committee of the Whole meeting, and the numbers aren’t quite what the course was hoping for.

Course General Manager Dave Callum and Superintendent Perry De Almeida presented the report, which includes the course’s financial statements through to the end of August.

As of August 31st of this year, the course had revenues of approximately $1,094,900. Those revenues were broken down as follows:

End of Aug. 2015 End of Aug. 2016 +/- 2015-2016 Percentage of 2016 Budget Goal
Green Fees/Pro Cards $194,000 $175,000 -$19,000 76.1% of $230,000
Membership/Corp Sales $80,700 $119,000 +$38,300 133.7% of $89,000
Tournament Green Fees $16,000 $24,000 +$8,000 77.66% of $30,000
Driving Range $23,500 $19,300 -$4,200 60.3% of $32,000
Golf Cart Rentals $105,000 $108,000 +$3,000 74.5% of $145,000
Food Sales $284,400 $242,900 -$41,500 80.9% of $300,000
Liquor Sales $194,200 $199,200 +$5,000 99.6% of $200,000
ProShop Merchandise $258,800 $207,500 -$51,300 75.5% of $275,000

Compared to the course’s 2016 Budget goals, the course is so far falling short of meeting their expectations in all areas except in that of membership and corporate sales. According to the report, the more than $38,000 increase is due to the 2016 corporate offering which netted over 170 additional club members this season. As for the other areas, green fee revenue is down $19,000 compared to last year, despite improved course conditions, adjustments to Twilight rates, and other promotions. The club says that the combination of  poor weather and mosquitoes brought in fewer golfers than anticipated.

Another factor in the course failing to meet its financial goals according to the report, was the cancellation of several events at the course this season. The report says that the cancellation of those events also lost the course a potential revenue from green fees, food and beverage, and rentals of over $100,000.

The full report can be read on the District of Taylor’s website here.

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