Meet Our Team
ERIC DIXON, GCS
Golf Course Reserve Expert
|
BRAD FELTEN, PRA
Facility Reserve Expert
|
What is a Golf Course Reserve Study?
Whether you are a Golf Course Owner, General Manager, Superintendent or Green Committee Member, a Golf Club Reserve Study is your blue print to success. This extremely valuable financial planning tool will help guide your golf course to make sound financial decisions. A Golf Club Reserve Study is a long-range plan that identifies future capital projects and deferred maintenance projects, assesses the current condition of assets, their remaining useful life, and cost of repair or replacement. The Golf Club Reserve Study provides a repair schedule and funding plan so that management can properly plan for the future success of the Club.
The Golf Club Reserve Study will provide the client with a 30 year Cash Flow funding plan. The Cash Flow funding plan is a method of calculating reserve contributions where contributions to the reserve funds are designed to offset the variable annual expenditures from the reserve fund. This analysis calculates the future replacement cost for reserve components, when they are due for replacement and recognizes increases in constructions costs as well as interest income attributable to reserve accounts. Funds from the beginning balances are pooled together and a yearly contribution rate is calculated to arrive at a positive cash flow throughout the analysis period.
The Golf Club Reserve Study will provide the client with a 30 year Cash Flow funding plan. The Cash Flow funding plan is a method of calculating reserve contributions where contributions to the reserve funds are designed to offset the variable annual expenditures from the reserve fund. This analysis calculates the future replacement cost for reserve components, when they are due for replacement and recognizes increases in constructions costs as well as interest income attributable to reserve accounts. Funds from the beginning balances are pooled together and a yearly contribution rate is calculated to arrive at a positive cash flow throughout the analysis period.
