Page 205 - Grapevine FY22 Adopted Budget v2

The number of golf rounds played in FY21 is estimated at 80,479 and represents a 26% increase
from the previous year’s total of 63,815. Throughout the COVID-19 pandemic, the Grapevine
Golf Course, along with the entire golf industry, has experienced a surge play.

GOLF ROUNDS FY-2016 FY-2017 FY-2018 FY-2019 FY-2020 FY-2021
PLAYED

Rounds 55,905 64,424 65,000 62,500 63,815 80,479
Gain / (Loss) 7,216 8,519 576 (2,500) 1,315 16,664
% Change 15% 15% 1% -4% 2% 26%

Revenue from annual membership sales is budgeted at $325,000 for FY22 and represents an
increase of $12,000 (4%) from the prior year. Actual sales of memberships totaled $354,250 in
FY21 which is an increase of $107,250 (43%) from the previous year.

The all-new Grapevine Golf Course Clubhouse and Persimmons Bar & Grill opened in June 2021.
The new facility has more than doubled in size at 12,500 square feet and boasts a 2,155 square foot
covered deck that overlooks the Pecan Nine.

The state-of-the-art facility features the highest attention to detail in its décor and the new golf shop
is home to the latest in apparel and product lines. The all-new Persimmons Bar & Grill is managed
by Coury Hospitality and the multi-use event center offers sweeping views of the golf course for
meetings, events, weddings, and more.

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