An announcement was made regarding the Trunk or Treat Party on Monday, October 31st 6:pm. Please see the Bulletin Board Page located on the right side column of this Report.
Treasurer’s Report – Tom Lockette
Paraphrased: We finally have a month that looks pretty good. Todd started and Sarah is continuing to cut costs. Please see Financial Highlights posted. 19th Hole – a big improvement. Gross profit margin up to 66% 13,341.00 which more than paid for salaries and food costs. The Guys and Dolls Tournament made money, as well as making money for the 19th Hole."One last item: There has been concern as to how our cash flow would play out toward the end of the year. We have a new cash flow analysis that shows we will level out at the end of the year. So, it looks like what we saw in September with the things we have going on the rest of the year, keeping a real close watch on everything that we are going to get by okay this year. That cash flow analysis does not take into account the $41,000 in contingency funds that we hold back in case of emergencies. I think we can safely say that we are going to get through this year without borrowing money thanks to the fine work that has been done by our employees.
