While many municipalities struggle with money woes with their annual the budgets, one eastern Carolina city is using more than $935,000 to keep its city run golf course afloat.
The city of Greenville says, technically, it's not taxpayer money. But that doesn't mean tax dollars won't be used.
The city of Greenville says it uses what's known as an "enterprise fund," basically funds for fees for services, to pay for the operation of the park.
This year, the city is proposing to provide more $935,000 in the new budget through the "enterprise fund." However, when the enterprise fund isn't enough, city officials say they use money from the general fund to make up the difference. The city has done that every year it has owned the course spending $390,000 in taxpayer money during that time.
Michael Cato is the General Manager and golf professional at Bradford Creek. Cato says, "Once the golf course gets up and running and we get it going good it definitely will be a very self-sustainable asset."
The city says Bradford Creek has until 2013 to pay of the debt on the course for it to start become self-sufficient. The board votes on the budget this Thursday.
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