Despite Finance Committee assurances to Town Meeting that our lackadaisical golf course would produce "a small surplus for FY 11," (ended June 30) Cherry Hill scored yet another losing season costing Amherst taxpayers $40,000, money that could have funded a police officer, firefighter or teacher--a far better use for tax dollars than subsidizing the Rich Man's Game of golf.
According to draft figures provided by Comptroller Sonia Aldrich, Cherry Hill generated $223,538 in revenues on "operation expenses" of $220,140 which are the
only two figures town officials ever wish to compare.
Since Cherry Hill requires employees, the hidden human costs--employee benefits--which are paid out of a separate budget totaled an additional $25,230; and business liability insurance $3,300 plus a big ticket capital item: $15,000 to dig a new well to feed the expensive irrigation system. Total overhead of $263,670 on revenues of only $223,538 equals
$40,132 in
red ink.
In 1987 Amherst absorbed the nine-hole golf course after a developer proposed 134 high-end houses around the golf business, which he planned to donate to the town or UMass Stockbridge School of Agriculture for free. Instead, the town--at the urging of North Amherst NIMBYs-- used the power of eminent domain as an "emergency measure" (thereby making the heavy handed action immune to voter Referendum) costing taxpayers a whopping $2.2 million, the most
expensive acquisition in town history.
The golf course operated as an "Enterprise Fund" (tracking all revenues/expenditures) because the business was supposed to cover
all expenses--including employee benefits--
plus show a profit. After operational losses of over $1 million Town Meeting dissolved the Enterprise Fund status five years ago, allowing town officials to hide costs and issue disingenuous press releases touting "net operating profits."
Nero supposedly fiddled while Rome burned. In the People's Republic of Amherst, town officials fiddle with golf--at taxpayers expense.