Oak Ridge Today

For members: City makes last debt payment for golf course as revenues increase

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Part of Tennessee Centennial Golf Course in east Oak Ridge is pictured above on Wednesday, June 2, 2021. (Photo by John Huotari/Oak Ridge Today)

The City of Oak Ridge made its last debt payment for Tennessee Centennial Golf Course in east Oak Ridge on Tuesday, and monthly revenues increased at the golf course last year and are up significantly so far this year.

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Oak Ridge, TN 37831

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Part of Tennessee Centennial Golf Course in east Oak Ridge is pictured above on Wednesday, June 2, 2021. (Photo by John Huotari/Oak Ridge Today)

The City of Oak Ridge made its last debt payment for Tennessee Centennial Golf Course on Tuesday, and monthly revenues increased at the golf course last year and are up significantly so far this year.

Oak Ridge Today had reported in late 2015 that the city still owed about $3 million in debt-related bond payments on the golf course, and it was expected to be paid off in five years.

Part of Tennessee Centennial Golf Course in east Oak Ridge is pictured above on Wednesday, June 2, 2021. (Photo by John Huotari/Oak Ridge Today)

The City of Oak Ridge made its last debt payment for Tennessee Centennial Golf Course in east Oak Ridge on Tuesday, and monthly revenues increased at the golf course last year and are up significantly so far this year.

The rest of this story is available if you are a member: a subscriber, advertiser, or contributor to Oak Ridge Today.

Already a member? Great! Thank you! Sign in here.

Not a member? No problem! Subscribe here:

Basic

Pro

Temporary

If you prefer to send a check, you may do so by mailing one to:

Oak Ridge Today
P.O. Box 6064
Oak Ridge, TN 37831

We also have advanced subscription options. You can see them here.

We also accept donations. You can donate here. A donation of $50 or more will make you eligible for a subscription.

Thank you for reading Oak Ridge Today. We appreciate your support!

UT students studied how to use Centennial for more than golf; hear their recommendations Tuesday

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Centennial Golf Course in east Oak Ridge is pictured above. (Photo courtesy City of Oak Ridge)

Centennial Golf Course in east Oak Ridge is pictured above. (Photo courtesy City of Oak Ridge)

  A team of graduate business students at the University of Tennessee have studied ways the city can use Centennial Golf Course for more than just golf, and the students will present their recommendations on Tuesday. The meeting is open to the public. The graduate students are from UT’s Master of Business Administration, or MBA, program. They will present their recommendations from a recent “Innovations in Practice” project to the City of Oak Ridge at 4 p.m. Tuesday, April 25, in the Oak Ridge Municipal Building Courtroom. There has been discussion of how to increase revenues at the golf course, including at Oak Ridge City Council meetings when the city has been asked to provide more money for the golf course. A press release said the study of Centennial Golf Course took the group of four MBA students approximately seven weeks to complete. [Read more…]

Council approves $120,000 for city-owned golf course

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Centennial Golf Course Dec 10, 2015

The Tennessee Centennial Golf Course is pictured above in Oak Ridge on Thursday, Dec. 10, 2015. (Photo by John Huotari/Oak Ridge Today)

 

The Oak Ridge City Council agreed in a 5-2 vote on Monday to provide $120,000 to continue operating the Tennessee Centennial Golf Course, which the city owns in east Oak Ridge off Edgemoor Road.

The request this year was smaller than it was in 2015, when Council approved a $325,000 transfer, but the golf course is still short of money needed to operate, despite all marketing efforts, Oak Ridge City Manager Mark Watson told City Council members in a memo before Monday’s meeting.

Most of the $120,000 in funding—or $70,024 of it—will be used for accounts payable. The rest will be used for cash flow and salaries, Watson said.

“The slow winter season now requires funding to pay necessary costs and salaries through the winter quarter (January-March 2017),” Watson said. [Read more…]

City Council to consider $120,000 for golf course

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Centennial Golf Course Dec 10, 2015

The Tennessee Centennial Golf Course is pictured above in east Oak Ridge on Thursday, Dec. 10, 2015. (Photo by John Huotari/Oak Ridge Today)

 

The Oak Ridge City Council on Monday will consider approving $120,000 to continue operating the Tennessee Centennial Golf Course in east Oak Ridge off Edgemoor Road.

The request comes about one year after Council approved, in a 6-1 vote, a $325,000 transfer for operations at the golf course. About $225,000 of that transfer, a cash infusion, was for outstanding accounts payable, including for expenses that included clothing in the pro shop, a management fee, fertilizer, and irrigation costs. Another $100,000 was operational funding for the winter, including maintenance of the greens.

The request is smaller this year, but the golf course is still short of money needed to operate, despite all marketing efforts, Oak Ridge City Manager Mark Watson said in a Wednesday memo to City Council members.

“The slow winter season now requires funding to pay necessary costs and salaries through the winter quarter (January-March 2017),” Watson said.

Most of the $120,000 in funding—or $70,024 of it—would be used for accounts payable. The rest would be used for cash flow and salaries, Watson said. [Read more…]

Council approves $325,000 transfer for operations at Centennial Golf Course

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Centennial Golf Course Dec 10, 2015

The Tennessee Centennial Golf Course is pictured above in Oak Ridge on Thursday, Dec. 10, 2015. (Photo by John Huotari/Oak Ridge Today)

 

Note: This story was last updated at 10:50 a.m. Dec. 15.

Despite some opposition, the Oak Ridge City Council on Monday approved a $325,000 transfer for operations at Tennessee Centennial Golf Course.

About $225,000 of the transfer, a cash infusion, would be for outstanding accounts payable, including for expenses that include clothing in the pro shop, a management fee, fertilizer, and irrigation costs. Another $100,000 is operational funding for the winter, including maintenance of the greens.

It’s the first non-debt related transfer from the city’s General Fund to the Golf Course Fund since the golf course was built, Oak Ridge City Manager Mark Watson said. Separately, the city still owes about $3 million in debt-related bond payments on the golf course. It’s expected to be paid off in five years.

Oak Ridge City Council member Trina Baughn cast the only vote against the operating transfer. All six of the other City Council members voted “yes.” [Read more…]

Traffic Safety, Environmental Advisory board member running for City Council

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Aditya "Doc" Savara

Aditya “Doc” Savara

Aditya “Doc” Savara, a member of two city boards, is running for Oak Ridge City Council in the November 4 municipal election.

In a press release, Savara said he has been involved in local politics during the past two years and served on the Traffic Safety Advisory Board and the Environmental Quality Advisory Board. Savara said he has attended and commented during public comment periods at City Council meetings, is knowledgeable about the issues facing the city, and has been vocal about them.

“In 2012-2013, an ordinance came before Oak Ridge City Council regarding whether property owners Jack and Myra Mansfield could build a single home on their property in a neighborhood zoned as R1, for single-family dwellings,” Savara said in the release. “Adjacent homeowners asserted property values would drop if the Mansfields were allowed to build a home on the open space. I pointed out that the neighbors could have bought the open property themselves if they wanted to keep it as open space. I stated that the neighbors didn’t want to buy the cow, but wanted to have the milk for free, and that it was not too late for the neighbors to make the Mansfields a fair offer. [Read more…]

Guest column: Council member proposes alternatives to raising water, sewer rates

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Trina Baughn

Trina Baughn

On Sept. 9, your Oak Ridge City Council will likely vote to approve additional water and sewer rate increases. When combined with the last two increases, the average user’s bill will have spiked 62 percent in just 34 months. Subsequently, should council adopt the fully proposed schedule through 2019, most residents and businesses will be paying double what they were paying prior to the initial increase imposed in May 2012.

These increases are to pay for the $33 million of debt that the city incurred in the last two years in addition to a projected $15 million more that Public Works says is still needed. We are continuing to borrow without limits and without regard for your ability to pay such astronomical bills.

Much of this debt could have been reduced or avoided all together had your city government taken the U.S. Environmental Protection Agency up on the many opportunities they gave us to make corrections. (See my Feb. 24 post at trinabaughn.com entitled, “The Rest of the EPA Mandate Story.”) Unfortunately, we’ve screwed up so many times that we were too fearful to pursue leniencies that are now being afforded to many cities across the nation. So, while others have 20-25 years to comply and can spread out costs to minimize the hit their ratepayers will take, Oak Ridge has just five years and is forcing the entire burden on its residents and businesses. [Read more…]

Guest column: Strategizing a path to prosperity

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Trina Baughn

Trina Baughn

The problem

This month, the Oak Ridge City Council will establish your property tax rate for 2014 via the approval of our annual city budget. And though it appears that taxes will remain flat, our excessive spending levels are unsustainable and continue to hinder our ability to compete with surrounding communities.

In spite of all the new developments happening as of late, if council approves the budget as proposed, residents and businesses will continue to feel the financial crunch for quite some time. Not only will we retain one of the highest property tax rates in the state, but we’ll also retain one of the largest per capita debt levels in the region. (At nearly $7,000 per person, we have more than four times that of Knox County residents and more than seven times that of Knoxville residents). A dozen more chicken places and grocery store relocations won’t make a dent in the average Oak Ridger’s bills.

If we are to make any kind of progress, we need a strategy that aims to increase revenue while reducing expenditures. This column will focus on increasing our revenue base. I will address budgetary inefficiencies and waste in a follow-up piece next week. [Read more…]