To: Wolf Laurel Country Club membership
From: Warren Johnson, President
Re: Operating assessment
Bill Hammel, when he was our treasurer, corresponded with
you in the newsletter regarding the probability of an operating assessment at
the end of 2012. That, in fact, is what the executive committee of the Board of
Directors feels must be done. The amount is $250.00 for golf members and
$125.00 for social members. The uncertain economic times resulted in reduced
use of the Club during the 2012 season in spite of our efforts to hold down
costs. Personnel costs remain an acceptable percentage of the budget, but
increased costs combined with reduced spending created the shortfall. The
amount, while nonetheless regrettable, is 20% less than last year when the
shortfall required a $320.00 assessment for golf and $160.00 for social. We
remain debt free and we have reason to believe our membership has stabilized
with new members exceeding resigned ones. It is our hope that the overall
economy will improve in 2013, and that, combined with renewed budgetary efforts
on our part, will lead to a better environment at this time next year.
One half of the amount will be billed in the December
statement and the other half will be billed in January. Thank for your
continued support of Wolf Laurel Country Club.
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