Annual Club Meeting

2021 C APITAL I MPROVEMENT P ROGRAM (D OLLARS IN THOUSANDS ) S OURCES & U SES – P ROJECTED 2022 THRU 2028 Funding Sources: Beginning Cash $1,331 Transfer from Accumulated Operating Surplus $550 Capital Dues $4,097 Initiation Fees (Net) $9,640 Total Funding Sources $15,618 Projects/Uses: Croquet Pavilion (complete) <$347> Golf Course Master Plan Phases 1 & 2 (complete) <$4,242> 1785 House Purchase (complete) <$2,461> Tennis Facility (complete) <$697> Golf Driving Range & Short Game Practice Area <$2,065> Wellness Center (estimate) <$4,005> Activity Center (estimate) <$2,818> Employee Housing (estimate) <$1,577> Debt Service/Interest Exp: <$416> Total Projects/Uses <$18,628>

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