| ITEM | |
| Opening Balance (includes $1200 for Hole In One Club) | $2,833.00 |
|
Membership Dues - 37 players at $245 9 players at $255 1 player at $120 Each member pays Golf Genius a $21 fee directly for software access/usage. |
$11,480.00 |
| TOTAL | $13,013.00 |
|
Competitions (includes: 9 - one day majors @ $345 each; $3,360 for Head to Head competition, and $1,390 for year-end TOUR Championship) |
$8,695.00 |
|
Player of the Month (includes: $150/month for May, June, July and August) |
$540.00 |
| Player of the Year | $90.00 |
| Handicap System ($3/player) | $147.00 |
| Administration Costs | $325.00 |
| Emergency Fund | $0 |
| Member Recruiting Fee | $318.00 |
| Awards Banquet | $1,075.00 |
| Low Net Average | $90.00 |
| TOTAL EXPENSES | $11,280.00 |
| BALANCE FOR 2020 | $1,733.00 |
|
HOLE IN ONE CLUB 2016 = $390 2017 = $340 2018 = $470 2019 = $90 |
$1,290.00 |
|
Hole In One Club Policy:
A qualifying hole in one must occur during a TPGL scheduled event that will be used in calculating the member's handicap and net average. A hole in one during a TPGL Social Event will not qualify for the Hole In One Club payout.
In the event that a member gets a hole in one during an offical round/event, they will receive 1/3rd of the amount in the pool. If there is no other hole in one during an offical event, they will receive the remaining 2/3rds of the pool at the Awards Banquet.
If there is a 2nd hole in one, then that person will receive 1/3rd of the pool and the remaining 1/3rd will be split between the two winners at the Awards Banquet. |