GENERAL MANAGER’S REPORT/ACTIVITY UPDATE 11/17/2022
Account Statements: All bank accounts have been reconciled for October 2022 without discrepancy.
Assessment Status for 2021 and earlier: 1989 Lots (98.67%) paid in full.
2022 Assessment Status: 1937 Lots (96.08%) paid in full.
Business Activities: An overview of SVRA Financials finds the October YTD Gross Profit .8% above budgeted levels and Total Expense .3% above budget resulting in year-to-date Net ordinary income prior to depreciation at 2.3% ($10,540.10) better than budgeted levels. The YTD cash assets (10/31/2022 Balance Sheet) Total $1,142,406.35. The summary of the financials are, as always, available on the SVRA website.
Capital Campaign: The capital campaign continues for the Cedar Creek Center. To date we have received $144,109.08. Capital Campaign Funds spent to date total $119,455.80; leaving a balance of $24,653.29. There has been no activity to the Capital Campaign since the October Board meeting.
DCC&R Compliance: We continue to work with our attorney and member on the three long term violations. One fence not properly permitted, 1 property that needs to be cleaned up, and 1 house that was painted without permit.
Budget: The 2023 operating budget preparation is in progress. A draft copy has been sent to the Board for their review and input. The budget will be presented at the Board meeting in December for final Board approval.
Golf: Thanks to Kurt and his staff, Alan, Stephanie, their staff and the many volunteers for making 2022 a success. Just a brief review…Golf income is up $32,239.73 over last year. Expenses are up $26,954.91 over last year. For the year overall to date we are $198,203.71 in the black (income minus expense). We are up 522 rounds over last year. Greens fees, Merchandise, Season Passes, and Punch Cards are up.
Tennis: The resurfacing of the tennis courts will be done in 2023. The Board has received a solid bid from the same company that surfaced the Pickleball courts.
SVRA Staff: Every November, I am reminded how important it is to say thanks to those that make our world at SVRA go around.
First, I want to thank the Board members that selflessly give so much of their time, energy, expertise, and attention to make SVRA a better place. It is important to know that the Board does this all for FREE!!
Keri Sweet, our newest member of the full time year round team at SVRA. Keri joined us this October. She always invests all of herself into whatever project or event is thrown at her. She brings a level of professionalism and fun to our admin staff. She brings with her great ideas on how to get the community more involved and has already proven an amazing addition to our team.
Heather Bigelow, our resident bookkeeper. Her attention to detail and commitment go above and beyond. She is always willing to help out no matter what is asked, including but not limited to helping with events, taking on extra responsibilities when someone is out of the office, organizer extraordinaire, and for all of these things she is greatly appreciated.
This year we welcomed Alan & Stephanie McJunkin in the pro shop. The experience and attitude they bring is sure to prove a tremendous asset to our courses next year and the years to come.
Kurt Richmond and his staff continue to raise the quality of golf we provide at SVRA, while keeping within budget. Kurt and several of his staff have also taken on the responsibility of landscaping around the building and I anticipate we will all be able to continue to see the fruits of their labor next spring and beyond.
Thanks to the maintenance crew and pro shop staff we continue to provide the best golf in Star Valley.
Ernie Bigelow celebrated his 22nd year at SVRA this year. He is invaluable! If there is something that needs fixing, adjusting, or looked at, Ernie knows where to start and how to complete the task under budget and on time. He is learning that sometimes new buildings have little quirks and has been exceptional at rolling with the punches and making sure everything is up and running properly, with little to no impact on the regular operation of SVRA facilities.
The high quality, low price of everything we are able to provide our members, is due to our outstanding staff, their hard work, dedication and expertise. If you see a member of the Board or the SVRA staff, please let them know how much they are appreciated.
WINTER: For the winter of 2022-23 we will continue to groom cross-country and snowshoe trails. We will be grooming Cedar Creek #1 for sledding. We will not be plowing the parking lot at the old Administrative/Aspen Hills building on Vista East this winter. We are hoping that this will prevent the accidents caused by the slippery hill. Grooming will only be done as weather and staffing allows. There will be no set schedule for grooming.
We will be marking boulders, irrigation satellite boxes, greens and as many additional hazards as possible. SVRA will not be selling snowmobile permits this year. Any snowmobiling that is done on SVRA property must be done at the snowmobilers own risk. We ask that there is no snowmobiling until there is a solid base, to prevent damage to the courses and any snow machines. We also ask that anyone snowmobiling, please stay off of the groomed trails as much as possible; when crossing the trails is required, please cross using an immediate ninety degree angle. Remember the trails are not groomed for snowmobiles!
We are working on ensuring that ice skating will again be available this winter.