Many municipal golf courses are losing money and require a taxpayer subsidy, says the Freedom Foundation of Minnesota. The conservative group, which supports lower taxes, said city-owned golf courses lost about $2 million in 2007.
Of the more than 500 Minnesota golf courses, just over 100 municipal courses are owned by about 70 cities across the state and the vast majority of city courses lose money, the group said.
It said Moorhead has lost $1,488,226 on its golf courses between 2003 and 2007 and has not turned an operational profit in more than five years. Its taxpayers will be paying off golf course bonds until the year 2021. Golf spending accounts for 2.8 percent of Moorhead’s 2009 budget, more than the information technology and library budgets combined.
The group says these are the municipal golf courses with the most losses from 2003 to 2007:
- Moorhead $1,488,226 The Meadows and Village Green
- Buffalo $1,428,458 Wild Marsh Golf Course
- Chaska $1,180,793 Chaska Par 30, Chaska Town Course
- Anoka $739,347 Greenhaven Golf Course
- Becker $623,130 Pebble Creek Golf Club
- Virginia $588,563 Virginia Golf Course
- Little Falls $439,500 Little Falls Country Club
- New Prague $386,171 New Prague Golf Club
- La Crescent $323,549 Pine Tree Golf Course
- Janesville $304,856 Prairie Ridge Golf Course