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5/8/2023 9:48:50 AM
 
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Section 21: Community News Subject: Lifeguard Shortage Continues Msg# 1186143
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Harry:
The audited numbers are posted on the web page. Golf appears to have done better with a bottom line, after depreciation, of -$84,242. Of course that is as you say a loss and wouldn’t be subject to any income tax. Marty |
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For reference, the above message is a reply to a message where: Joe: Truth be told all our amenities lose money. As you stated here the aquatics costs us $262,000.00 over income, correct? Golf looses more, correct? ETC. The only amenity that actually makes a profit is beach parking. OP Property owners paid a minimum of $889.00 this year for dues. Why do we need to be a tax fee business if you lose millions of dollars every year? “NO PROFIT, NO TAX”. Harry |
| Calendar |
OPA Board Meeting - Golf Clubhouse
5/24/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhpuse
6/28/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
7/26/2025 - 9:00 A.M. |
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Annual Meeting - Assateague Room
8/9/2025 - 9:00 A.M. |