“VETO STATEMENT Resolution 09/10-255
The City is facing extremely difficult economic challenges. It is unavoidable that drastic cuts in services, significant increases in taxes, and appropriation of fund balance will be necessary in the general fund.
It is irresponsible to ignore a potential source of revenue in the face of extraordinary financial stress. One such revenue source is the Amsterdam Municipal Golf Course. The Union College MBA Student Business Plan shows that the golf course is under-producing. The report projected that with proper management and operational restructuring the course should generate $1.3M in revenue. The proposed pricing structure the Council has adopted is projected to produce $537, 821 in annual revenue. This business plan was issued in June of 2009. To date, the golf commission has not adequately implemented recommendations to increase revenue. The Common Council should review this issue and adopt a rate structure that will boost revenue at the golf course. The enhanced revenue coupled with more efficient staffing would allow for a transfer of funds from the golf fund to the general fund therefore reducing taxes.
I hereby veto this resolution.”
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