Page 210 - GrapevineFY24 Adopted Budget

The number of golf rounds played in FY23 totaled 79,382 and represents a 5% decrease from the
previous year’s total of 83,337.

Revenue from annual membership sales is budgeted at $480,000 for FY24 and represents an increase
of $80,000 (20%) from the prior year. Actual sales of memberships totaled $380,850 in FY23 which
is an increase of $67,000 (12%) from the previous year.

GOLF ROUNDS FY-2018 FY-2019 FY-2020 FY-2021 FY-2022 FY-2023
PLAYED Actual Actual Actual Actual Actual Estimate

Rounds 65,000 62,500 63,815 80,479 83,337 79,382
Gain / (Loss) 576 (2,500) 1,315 16,664 2,858 (3,955)
% Change 1% -4% 2% 26% 4% -5%

The all-new Grapevine Golf Course Clubhouse and Persimmons Bar & Grill opened in June 2021.
The 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. Revenue is budgeted at $1.6 million for FY24.
Estimated revenue for FY23 totaled $1.2 million.

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