Golf club pays monthly management fee for operations
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Description
The Golf Club at Cypress Head is paying a monthly management fee of $6,790, amounting to a projected annual total of $81,480, for ongoing professional management services as reflected in the income statement and trial balance. No specific vendor name is disclosed in this financial report.
Contract Details
Contract Amount
$6,790/month (YTD $27,159; annual budget $81,480)
Vendor
MANAGEMENT FEE
Agency
City of Port Orange, FL
Contract Type
PROFESSIONAL_SERVICES
Document Date
January 31, 2025
Contract Term
Ongoing, monthly fee (annual budget $81,480 for FY2025)
Renewal Date
2025-09-30
Renewal Info
The contract appears to be ongoing and is budgeted on an annual basis but the renewal/amendment terms are not disclosed in this financial document.
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