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The Norwich Golf Course Authority reported only $2,048.28 in cash against $4,926.70 in accounts payable, creating a $2,878.42 shortfall. The Authority said the city will need to cover expenses until additional membership dues are received.
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The golf course ended December without enough cash to cover its outstanding bills, a situation the Authority said had not occurred since 2020. Year-to-date revenues were $1.48 million, or $92,933 below budget, while expenses were $1.50 million. The Authority accepted the financial report, approved work to update its employee handbook, and authorized continued negotiations on changes to the Caddy Shack lease.
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