§ 19-05-010. Fees and rates.

(a)

The city manager shall, prior to June 30 of each year, present to the city commission, a schedule of fees and rates for services provided at the municipal golf course(s). The proposed fees and rates shall have an implementation date of July 1 of the immediately following fiscal year.

(b)

The proposed rates shall be designed to increase the revenue from golf course operations: a minimum of the cost of living, (as measured by the U.S. Department of Labor's Consumer Price Index - All Urban Consumers, for the immediately preceding twelve-month period from July 1 through June 30), multiplied by; sum of the operating expenses budget, the operating capital budget (as they may have been amended), and any debt service payments secured by golf course revenue; for the immediately preceding fiscal year.

(c)

In designing the proposed revenue, the city manager shall use the levels of activity (rounds of golf, passes, etc.) recorded during the immediately preceding fiscal year (unless a written explanation is provided why those levels are not used).

(d)

Funding for major capital expenditures (over five hundred thousand dollars ($500,000)) may be proposed from other revenue sources.

(Ord. No. 1134, 12-20-01; Ord. No. 1349, 2-23-09)