Town took course by eminent domain in 1987 for $2.2 million (twice that in today's $)
The municipally owned Cherry Hill Golf Course continues to do what it does best: squander taxpayer money. In FY2016, which just ended on June 30, a hefty six digit number or $106,725 to be exact.
FY16 total intake was $210,199.72
Money that could be better spent hiring a few more pubic safety personnel, teachers, DPW workers or simply stashed in a capital savings account for the four major building projects coming up that will cost over $100 million in town money.
Two years ago Town Manager John Musante admitted to the Select Board in a memo, "This ongoing evaluation will likely include revisiting the cost-benefits of privatizing operations of the Cherry Hill Golf Course."
Unfortunately Mr. Musante died before that could happen and the town's top executive position has been somewhat in flux ever since.
Two years ago (FY14) the beleaguered golf business lost $103,964 and last year (FY15) $86,543.
And based on that catastrophic consistency it was pretty easy for me to predict this year's loss of $100K.
Makes you wonder how closely the ailing operations are scrutinized in advance by the Town Manager, Finance Committee, or clueless Town Meeting.