In his address to the members at Saturday’s AGM President Phil Batty said that the Proserpine Golf Club has yielded remarkable achievements and successes throughout the 2022- 2023 financial year.
It has been filled with significant milestones and growth in player numbers, events, and online social media presence, but most importantly, significant financial stability.
Throughout the year the club’s consistent performance has exceeded all budget expectations.
“We have experienced a 51 per cent increase in revenue from $792,000 to $1.198 million, and a 645 per cent increase in Profit Increase from $27,000 to $205,000,” he said.
“In addition to the excellent financial result, we have paid out early all the outstanding equipment loans to clear the balance sheet of liabilities,” he continued.
The organisational benefit of a good result is that the club has tentatively secured financial support from our bankers to fund the purchase of equipment to take the course to another level.
The board is currently evaluating and investigating the purchase of a new fairway mower, rough areas mower and greens mower.
We have recently purchased a sand spreader which is already having a marked impact on the greens and course generally.
The Club has recently ordered ten new Yamaha buggies and traded six from our current fleet of buggies to increase the number of buggies from 20 to 23.
Membership and participation are the backbone of Proserpine Golf Club, and I am pleased to say that this financial year saw over 120 new members. That’s an increase in membership to over 400 members, many of whom came from the incentive program in December where new entrants to golf were introduced by current members with the three-month trial.
“Looking ahead, we are excited to build upon our accomplishments and continue to explore new avenues for growth, enhancing our digital presence and developing creative ways to engage our members and the community,” Mr. Batty concluded.
Contributed with thanks to Proserpine Golf Pro Shop.
President of Proserpine Golf Club, Phil Batty. Photo supplied
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