Recreation Commission

Agenda Village of Glen Ellyn Recreation Commission Meeting Friday, October 31, 2025 7:00 AM Village Links Ed Posh Boardroom Visitors are welcome to attend all meetings of the Recreation Commission. A. Call To Order B. Public Comment C. Approval of Minutes 1) Minutes - September 26, 2025 D. Standing Reports 1) Financial - Noel Allen 2) Manager's Report a. Golf - Mike Campbell b. Reserve 22 - David Manseau c. Grounds - Andrew Cross 3) Trustee Liaison - Steve Thompson E. Old Business F. New Business 1) 2026 Rate Proposal G. Next Meeting - November 21, 2025 H. Adjourn Civility Pledge - In the interest of civility, I pledge to promote civility by listening, being respectful of others, acknowledging that we are striving to support and improve our community, and understanding that we each may have different ideas for achieving that objective. Page 1 of 49 Village of Glen Ellyn Minutes Village of Glen Ellyn Recreation Commission Regular Meeting Commission September 26, 2025 7:00 AM Village Links/Reserve 22 Board or Recreation Date: September 26, 2025 Commission: Meeting: Regular Called to 7:00 a.m. Order: Quorum: Yes Adjourned: 8:21 a.m. MEMBER ATTENDANCE: Carol Scott Chairperson Present Nancy Carter Commissioner Present Tony Coconate Commissioner Present Scott Coldiron Commissioner Absent James Ozog Commissioner Present Rick Quoss Commissioner Present Tom Slowinski Commissioner Present Also Present: Noel Allen General Manager Andrew Cross Golf Course Superintendent Mike Campbell Director of Golf Steve Thompson Village Trustee David Manseau Director of Food & Beverage Elisa Pollina Recording Secretary A. CALL TO ORDER/ROLL CALL The September 26, 2025 meeting of the Recreation Commission was called to order at 7:00 a.m. at the Village Links of Glen Ellyn; 485 Winchell Way; Glen Ellyn, Illinois by Chairperson Scott. B. PUBLIC COMMENT – None C. APPROVAL OF MINUTES FROM August 22, 2025 APPROVAL OF MINUTES FROM August 22, 2025 MEETING MOTION BY: Commissioner Carter SECONDED BY: Commissioner Slowinski RESULT: Unanimous Page 2 of 49  Recreation 2 September 26, 2025 D. STANDING REPORTS 1. Financial – Noel Allen – Manager Allen provided several updates. He reported that five golf carts were stolen during the early morning hours of September 19. A police report was filed, and Tagmarshal was contacted to review the GPS tracking data. It was determined that the carts were taken shortly after midnight, the GPS systems were disabled, and by 2:00 a.m. the carts had been loaded onto a truck. Police were able to briefly track the vehicle, which was last located in Michigan, but ultimately lost it. While police believe they know the individuals involved, there is not enough evidence to pursue prosecution, and the carts will not be recovered. An insurance claim will be filed, and the theft will affect the fleet replacement schedule. In response, off-hours GPS geo- fencing has now been enabled on all carts to provide immediate notifications if carts are turned on after hours. On the financial side, August was a strong month, marking the best in history for revenue records. Total revenues were up 3% compared to the prior year, with golf revenues increasing by 6% and food revenues declining by 2%. Operating expenses rose by 7%, driven primarily by administrative costs. At Reserve 22, the cost of goods sold increased, though some of this is attributable to timing and is expected to even out by year-end. Operating profit for August was $465,000, and net profit was $452,000. Year-to-date, total revenues remain down overall, though golf continues to perform strongly while food service lags, with fewer patrons staying to dine after golfing. Most capital expenditures have been executed, with the exception of security cameras. While $60,000 was originally budgeted for this project, the recent theft incident has prompted staff to recommend to the Village Board the installation of a full-coverage security system at an estimated cost of $110,000. The added investment is expected to provide stronger deterrence against theft. In addition, $100,000 still needs to be transferred to the Park District for Panfish Park. 2. Manager’s Report A. Golf – Mike Campbell – Director Campbell provided an update on golf operations, reporting that the Club Championship Glen Ellyn Open took place with 152 players participating and received excellent feedback. The Couples Championship, however, was more challenging, with only seven couples participating, compared to a high of ten couples in past few years. To encourage participation, staff tried offering a dinner option, though results were limited. Campbell noted that August is typically a month when seasonal staff departures require additional hiring, but this year several retirees have filled those needs, and many student employees chose not to leave for college, allowing them to stay on staff. Golf activity remained strong, with 15,116 rounds played in August, which is 383 more than the prior year. Preparations are now underway for September, which is expected to be heavy with outings. Commissioner Slowinski asked about Senior Open participation, to which Campbell reported there were 60 players. Slowinski suggested offering a Super Senior Open for older participants, and Campbell agreed to look into that possibility. Page 3 of 49  Recreation 3 September 26, 2025 B. Reserve 22 – Noel Allen – Manager Allen reported that sales over the past seven months have been down, with revenues not meeting target projections. While performance is about the same as last year, the lack of growth is concerning, and the focus moving forward will be on becoming more sales-oriented. August results were mixed: although it was not a terrible month, rainy days and a slowdown in events contributed to a 1.8% decline. A total of 33 events were hosted in 2025, five fewer than the prior year. Allen noted that other restaurants in the area appear to be experiencing similar challenges. He also reported that the recently launched after-golf food pickup app did not perform as expected, so negotiations were made to cancel the program. On a positive note, the sous chef position has been filled, which has eased pressure on Chef Tom. Allen then introduced the new Food and Beverage Director, David Manseau. Manseau shared his background, noting more than 20 years of leadership experience in Chicago’s hospitality industry. Most recently, he was tapped to lead the relaunch of Tavern on Rush Steakhouse and has also worked with Atomic Hospitality, Butler Hospitality, Portillo’s, and Lettuce Entertain You. His career includes building and leading teams ranging from 75 to 400 employees, with extensive operational experience in multi-unit and high-volume environments. Manseau explained that he was drawn to this role by the unique opportunity to integrate food and beverage with golf operations and expand his experience in that space. He has previously served as Director of Operations overseeing 54 F&B outlets in Chicago hotels and currently resides in the city. Since joining in August, Manseau has been in an observation phase, holding meetings with team members and cross-functional partners. He plans to introduce action steps in October to evaluate what is working well and what needs improvement. While food revenues were slightly up in August, they remain down 2% for the year. Manseau emphasized the need to leverage OpenTable data more effectively. Currently, walk-ins are not tracked, though he estimates the number is several hundred higher than reported. OpenTable feedback stands at 4.5 out of 5.0, which is considered strong, as anything above 4.2–4.4 is good, and 4.6–4.7 would place the restaurant in the top 5% nationally. He intends to conduct a deeper review of guest comments, respond consistently to feedback, and identify opportunities for improvement. He expressed enthusiasm for the role and looks forward to contributing to future growth and success. C. Grounds – Andrew Cross - Superintendent Cross provided several updates, noting that August was a particularly challenging month due to weather conditions. It began hot and dry, then turned hot and wet, which limited mowing. Bunker maintenance was especially demanding, as bunkers had to be pushed three times in August; a process that takes multiple days each time. Some fairway areas developed thin spots that dry out quickly, but September seeding is already beginning to take hold. Pond treatments were also started, with three completed so far showing strong results. The team used an outside service for these treatments and will likely engage the same provider again next year. Staffing remains stable despite two seasonal staff departures. Several high school employees chose not to attend college and stayed on, while retirees continue to provide support. Additional drainage was added at the practice bunker, and new lighting fixtures Page 4 of 49  Recreation 4 September 26, 2025 were installed in the banquet facility. 3. Trustee Liaison – Steve Thompson – Trustee Thompson provided several updates. The village expects to announce Trustee Szymanski’s replacement on October 6. The former US Bank building has been demolished to prepare the site for the future event park. Parking will be maintained, and part of the building area will be filled in and sodded. Work is also underway at the Crescent and Prospect parking lot, where the asphalt will be removed and replaced. In addition, the village has begun budget discussions, with the tax levy expected to remain unchanged. E. OLD BUSINESS 1. CDGA – Playing Conditions Calculation Response - Manager Allen provided an update on the handicap auto-adjustment for playing conditions. The criteria are applied automatically, and scores must be posted by midnight. A minimum of eight scores is required for the adjustment to take effect. 2. Golf Cart Fleet Replacement – Manager Allen reported the recommendation for the new golf cart fleet, which was approved by the RC last month, was presented to the Village Board and initially met with resistance. Some board members, referencing the Pale Blue Dot sustainability initiative introduced by the Environmental Commission, expressed interest in transitioning to electric carts. Allen explained that such a change would require constructing a new facility and increasing the fleet size to accommodate charging needs. As a result, the board requested a study on the matter. Allen recommended moving forward with the current plan while a deeper review is conducted. Ultimately, the recommendation passed, allowing the purchase of the new fleet. In addition, a new sticker design has been created for all carts, and Allen shared samples with the RC. Trustee Thompson noted that the Village is placing a greater emphasis on sustainability, with increased scrutiny and upcoming audits. He suggested that the golf course and Reserve 22 document their current sustainability efforts and environmental initiatives, such as recycling programs, tree preservation, and other related practices. F. NEW BUSINESS 1. 2026 Annual Budget – Manager Allen reported that the 2026 budget recommendation has been submitted to the Finance Department. He summarized that 2025 had been projected to end with a profit of $60,000. With the addition of the upgraded security system, now estimated at $110,000, the projection anticipates a slight profit. For 2026, the budget projects a profit of $50,000, which accounts for the purchase of the new golf cart fleet. Discussions regarding rate adjustments will be presented to the RC next month for review. G. NEXT MEETING - October 31, 2025 Page 5 of 49  Recreation 5 September 26, 2025 H. ADJOURNMENT Commissioner Slowinski motioned and Commissioner Carter seconded to adjourn the meeting. The meeting was adjourned at 8:21 a.m. Submitted by Elisa Pollina, Recording Secretary Reviewed by Noel Allen, Staff Liaison Page 6 of 49  Glen Ellyn Recreation Meeting 10/31/2025 7:00 AM Commission Department: Village Links 535 Duane Street Department Head: Noel Allen Glen Ellyn, IL 60137 Category: Report Prepared By: Ann Pedersen, Noel Allen AGENDA ITEM (ID DOC ID: 2025-575 # 2025-575) Financial - Noel Allen Statement of the Issue: Analysis: Budget Impact: Contribution to Strategic Plan Action Requested: Attachments: 1. Village Links - Financial Statements - September 2025 2. Cash Balance Scenarios Page 7 of 49  VILLAGE LINKS / RESERVE 22 STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION 22 As of September 30, 2025 2025 MONTH YEAR-TO-DATE ORG DESCRIPTION BUDGET 2025 2024 DIFF % DIFF 2025 2024 DIFF % DIFF REVENUES: 5500 Village Links Revenues $ 4,391,100 $ 694,354 $ 628,245 $ 66,109 11% $ 4,210,600 $ 4,074,263 $ 136,337 3% 5520 Reserve 22 Revenues 3,748,450 394,524 423,738 (29,214) -7% 2,746,975 2,851,794 (104,819) -4% Total Revenues $ 8,139,550 $ 1,088,879 $ 1,051,984 $ 36,895 4% $ 6,957,575 $ 6,926,057 $ 31,518 0% EXPENDITURES: 55700 Administration $ 802,432 $ 57,078 $ 48,107 $ 8,971 19% $ 576,684 $ 451,805 $ 124,880 28% 55710 Golf Course Maintenance 1,485,560 106,298 94,056 12,242 13% 1,042,445 1,055,838 (13,394) -1% 55720 Golf Services 1,111,406 116,607 95,798 20,809 22% 821,652 851,864 (30,212) -4% 55730 Reserve 22 3,358,636 346,486 324,176 22,309 7% 2,564,419 2,517,472 46,946 2% 55740 Stormwater Management 51,585 1,419 1,101 318 29% 43,344 11,006 32,338 294% 55750 Pro Shop Merchandise 175,053 43,368 20,883 22,485 108% 175,428 153,772 21,656 14% 55780 Motorized Carts 68,060 8,357 8,412 (55) -1% 49,480 53,007 (3,527) -7% 557X5 Mechanical Maintenance 417,756 29,696 19,045 10,651 56% 288,811 283,196 5,616 2% Total Operating Expenses $ 7,470,488 $ 709,310 $ 611,580 $ 97,730 16% $ 5,562,262 $ 5,377,960 $ 184,303 3% Operating Income $ 669,062 $ 379,569 $ 440,404 $ (60,835) -14% $ 1,395,312 $ 1,548,097 $ (152,785) -10% Debt Service 303,100 - - - 0% 36,550 40,950 (4,400) -11% Capital Expenditures 498,520 - 269,436 (269,436) -100% 455,445 997,158 (541,713) -54% CHANGE IN NET POSITION $ (132,558) $ 379,569 $ 170,968 $ 208,601 122% $ 903,318 $ 509,989 $ 393,328 77% KEY METRICS Goal Personnel Expenses as % of Sales 50% 32% 33% 0% 44% 43% 1% Cash Balance (End of Month, in $000's) $ 1,860 $ 3,317 $ 3,085 $ 232 10/22/2025 Page 1 of 6 Page 8 of 49  VILLAGE LINKS STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION 22 GOLF (Including Administration, Grounds, & Mechanical Maintenance) As of September 30, 2025 ORG/ 2025 MONTH YEAR-TO-DATE OBJECT DESCRIPTION BUDGET 2025 2024 DIFF % DIFF 2025 2024 DIFF % DIFF 5500 VILLAGE LINKS REVENUES: 440550 Green Fees $ 2,800,000 $ 453,666 $ 421,647 $ 32,019 8% $ 2,651,092 $ 2,574,882 $ 76,209 3% 440554 Pro Shop - Sales 200,000 29,698 24,066 5,632 23% 190,997 182,237 8,759 5% 440555 Motor Carts 650,000 107,383 101,292 6,091 6% 594,016 614,576 (20,560) -3% 440556 Driving Range 500,000 76,576 63,464 13,112 21% 520,228 485,008 35,220 7% 440557 Resident Cards 35,000 410 100 310 310% 34,555 35,315 (760) -2% 460100 Investment Income 60,000 14,013 6,631 7,383 111% 70,407 53,888 16,520 31% 489000 Miscellaneous Revenue 146,100 12,486 11,001 1,485 14% 149,776 128,466 21,310 17% 489100 Miscellaneous - Over/Short - 122 45 77 172% (471) (110) (361) 330% Total Revenues $ 4,391,100 $ 694,354 $ 628,245 $ 66,109 11% $ 4,210,600 $ 4,074,263 $ 136,337 3% COST OF GOODS SOLD: 520945 Cost of Goods Sold - Pro Shop $ 140,000 $ 40,890 $ 17,722 $ 23,168 131% $ 152,201 $ 126,061 $ 26,140 21% Total Cost of Goods Sold $ 140,000 $ 40,890 $ 17,722 $ 23,168 131% $ 152,201 $ 126,061 $ 26,140 21% Gross Profit $ 4,251,100 $ 653,465 $ 610,524 $ 42,941 7% $ 4,058,399 $ 3,948,202 $ 110,197 3% OTHER OPERATING EXPENSES: 510100 Salaries - Pensionable $ 1,314,522 $ 106,988 $ 102,769 $ 4,220 4% $ 955,325 $ 952,043 $ 3,283 0% 510120 Salaries - Non-Pensionable 488,163 52,827 49,519 3,308 7% 387,901 359,249 28,652 8% 510200 Salaries - Overtime 23,500 3,621 2,963 658 22% 26,630 14,266 12,364 87% 510400 FICA Taxes 139,705 12,294 11,655 639 5% 102,997 99,420 3,577 4% 510500 IMRF 68,670 5,559 4,669 890 19% 49,624 42,512 7,111 17% 590600 Health Insurance 146,100 11,552 11,072 480 4% 102,208 105,337 (3,130) -3% 52XXXX Contractual Services 1,211,242 95,991 74,741 21,250 28% 843,627 760,008 83,618 11% 53XXXX Commodities 579,950 33,102 12,294 20,808 169% 377,331 401,590 (24,260) -6% Total Operating Expenses $ 3,971,852 $ 321,934 $ 269,681 $ 52,253 19% $ 2,845,643 $ 2,734,427 $ 111,216 4% Operating Income $ 279,248 $ 331,530 $ 340,842 $ (9,312) -3% $ 1,212,757 $ 1,213,776 $ (1,019) 0% Operating Income Percentage 6% 48% 54% 29% 30% KEY METRICS Goal Rounds Played 80,000 12,275 11,551 724 77,210 78,637 (1,427) Revenue Per Round $ 54.89 $ 56.57 $ 54.39 $ 2.18 $ 54.53 $ 51.81 $ 2.72 Resident Cards Sold N/A 22 6 16 2,619 2,814 (195) Cost of Goods Sold % - Pro Shop 70% 138% 74% 64% 80% 69% 11% Personnel Expenses as % of Sales 50% 28% 29% -1% 39% 39% 0% 10/22/2025 Page 2 of 6 Page 9 of 49  VILLAGE LINKS STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION 22 GOLF (Including Administration, Grounds, & Mechanical Maintenance) As of September 30, 2025 ORG/ 2025 MONTH YEAR-TO-DATE OBJECT DESCRIPTION BUDGET 2025 2024 DIFF % DIFF 2025 2024 DIFF % DIFF MISCELLANEOUS REVENUE Miscellaneous Revenue includes the following items that don't fit into any of the major revenue categories: Adult & Junior Golf Lessons $ 848 $ 1,561 $ (713) $ 64,732 $ 63,731 $ 1,001 Hand Cart Rentals 2,163 2,896 (733) 26,837 31,423 (4,586) Equipment Sold at Auction - - - 31,406 - 31,406 Golf Club Rentals 1,490 1,630 (140) 8,640 9,710 (1,070) Locker Rentals - - - 4,100 200 3,900 Illinois Sales Tax (1.75%) 789 627 161 3,165 3,496 (331) Glen Ellyn Food & Beverage Tax (1%) 61 62 (1) 347 363 (16) Tree Donation - - - 1,000 500 500 Misc. Outings 5,340 - 5,340 5,340 - 5,340 Miscellaneous 1,796 4,225 (2,429) 4,210 19,044 (14,834) Total $ 146,100 $ 12,486 $ 11,001 $ 1,485 $ 149,776 $ 128,466 $ 21,310 10/22/2025 Page 3 of 6 Page 10 of 49  RESERVE 22 STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION 22 As of September 30, 2025 ORG/ 2025 MONTH YEAR-TO-DATE OBJECT DESCRIPTION BUDGET 2025 2024 DIFF % DIFF 2025 2024 DIFF % DIFF 5520 RESERVE 22 REVENUES: 441100 Food $ 2,111,500 $ 209,143 $ 222,836 $ (13,693) -6% $ 1,520,484 $ 1,556,904 $ (36,420) -2% 441101 Liquor 483,800 59,338 64,124 (4,786) -7% 369,119 388,963 (19,843) -5% 441102 Beer 557,100 68,176 70,195 (2,019) -3% 441,371 462,365 (20,994) -5% 441103 Wine 242,900 19,035 24,969 (5,935) -24% 162,534 183,743 (21,209) -12% 441104 NA Beverages 121,500 14,010 13,615 395 3% 98,127 104,864 (6,736) -6% 441106 Room Charges 3,800 - - - 0% 1,790 2,180 (390) -18% 441107 Service Charges 227,600 24,399 27,930 (3,532) -13% 152,538 152,139 399 0% 489000 Miscellaneous Revenue 250 424 69 355 510% 1,011 637 374 59% Total Revenues $ 3,748,450 $ 394,524 $ 423,738 $ (29,214) -7% $ 2,746,975 $ 2,851,794 $ (104,819) -4% 55730 COST OF GOODS SOLD: 530400 Cost of Goods Sold - Beer $ 144,850 $ 17,627 $ 16,546 $ 1,081 7% $ 105,595 $ 106,936 $ (1,341) -1% 530401 Cost of Goods Sold - Wine 75,300 5,261 6,696 (1,435) -21% 44,828 51,495 (6,666) -13% 530402 Cost of Goods Sold - Liquor 101,600 14,130 14,747 (617) -4% 81,961 82,493 (532) -1% 530405 Cost of Goods Sold - NA Beverages 63,180 13,070 10,484 2,586 25% 58,778 65,451 (6,673) -10% 530420 Cost of Goods Sold - Food 675,680 89,912 81,750 8,162 10% 512,780 507,857 4,923 1% Total Cost of Goods Sold $ 1,060,610 $ 139,999 $ 130,222 $ 9,777 8% $ 803,942 $ 814,231 $ (10,289) -1% Gross Profit $ 2,687,840 $ 254,525 $ 293,516 $ (38,991) -13% $ 1,943,032 $ 2,037,563 $ (94,530) -5% Gross Profit Percentage 72% 65% 69% 71% 71% 55730 OTHER OPERATING EXPENSES: 510100 Salaries - Pensionable $ 838,556 $ 65,353 $ 67,576 $ (2,223) -3% $ 672,909 $ 616,891 $ 56,018 9% 510120 Salaries - Non-Pensionable 749,543 65,276 67,057 (1,781) -3% 518,786 559,563 (40,777) -7% 510200 Salaries - Overtime 7,500 1,147 685 462 67% 3,786 4,240 (454) -11% 510399 Tips Paid Through Payroll - 783 1,919 (1,135) -59% (3,502) (6,231) 2,729 -44% 510400 FICA Taxes 153,178 13,460 14,048 (589) -4% 115,140 115,061 80 0% 510500 IMRF 43,689 4,690 3,872 818 21% 41,698 34,547 7,150 21% 590600 Health Insurance 85,500 8,308 6,482 1,826 28% 72,770 64,250 8,520 13% 52XXXX Contractual Services 227,560 29,232 17,357 11,875 68% 193,572 173,400 20,172 12% 53XXXX Commodities 192,500 18,238 14,959 3,279 22% 145,318 141,522 3,797 3% Total Operating Expenses $ 2,298,026 $ 206,487 $ 193,954 $ 12,533 6% $ 1,760,477 $ 1,703,241 $ 57,235 3% Operating Income $ 389,814 $ 48,038 $ 99,562 $ (51,523) -52% $ 182,556 $ 334,322 $ (151,766) -45% Operating Income Percentage 10% 12% 23% 7% 12% 10/22/2025 Page 4 of 6 Page 11 of 49  RESERVE 22 STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION 22 As of September 30, 2025 ORG/ 2025 MONTH YEAR-TO-DATE OBJECT DESCRIPTION BUDGET 2025 2024 DIFF % DIFF 2025 2024 DIFF % DIFF KEY METRICS Goal Revenue Source: Restaurant & Bar N/A $ 208,599 $ 213,584 $ (4,985) -2% $ 1,591,487 $ 1,672,604 $ (81,118) -5% Banquets N/A 128,247 155,547 (27,300) -18% 808,369 825,081 (16,712) -2% Other N/A 57,678 54,608 3,070 6% 347,119 354,109 (6,990) -2% Total $ 3,748,450 $ 394,524 $ 423,738 $ (29,214) -7% $ 2,746,975 $ 2,851,794 $ (104,819) -4% Reserve 22 Revenues (Last 12 Months) $ 3,748,450 $ 3,487,574 $ 3,583,872 $ (96,298) -3% Reserve 22 Expenses (Last 12 Months) $ 3,358,636 $ 3,383,898 $ 3,321,397 $ 62,501 2% # Guest Checks (Restaurant/Bar) N/A 5,215 5,061 154 37,719 39,091 (1,372) Revenue Per Guest Check N/A $ 40.00 $ 42.20 $ (2.20) $ 42.19 $ 42.79 $ (0.59) # Guests (Restaurant/Bar) N/A 8,024 8,009 15 57,613 61,772 (4,159) Average Guest Spend N/A $ 26.00 $ 26.67 $ (0.67) $ 27.62 $ 27.08 $ 0.55 Cost of Goods Sold % 28% 35% 31% 5% 29% 29% 1% Cost of Goods Sold % (By Category): Cost of Goods Sold - Beer 26% 26% 24% 2% 24% 23% 1% Cost of Goods Sold - Wine 31% 28% 27% 1% 28% 28% 0% Cost of Goods Sold - Liquor 21% 24% 23% 1% 22% 21% 1% Cost of Goods Sold - NA Beverages 52% 93% 77% 16% 60% 62% -3% Cost of Goods Sold - Food 32% 43% 37% 6% 34% 33% 1% Personnel Expenses as % of Revenues 50% 40% 38% 2% 52% 49% 3% Prime Cost (Cost of Goods Sold + Personnel Expenses) as % of Revenues 78% 76% 68% 7% 81% 77% 4% 10/22/2025 Page 5 of 6 Page 12 of 49  Village Links / Reserve 22 Dashboard Financial Reports As of September 30, 2025 Year-To-Date Net Income Year-to-Date Operating Income (Including Capital and Debt Expenditures) (Excluding Capital and Debt Expenditures) $2,000,000 $2,200,000 $1,800,000 $2,000,000 $1,600,000 $1,800,000 $1,400,000 $1,600,000 $1,200,000 $1,400,000 $1,000,000 $1,200,000 $800,000 $1,000,000 $800,000 $600,000 $600,000 $400,000 $400,000 $200,000 $200,000 $- $- $(200,000) 2021 $(200,000) $(400,000) 2022 $(400,000) $(600,000) 2023 $(600,000) $(800,000) 2024 $(800,000) $(1,000,000) 2025 2021 2022 2023 2024 2025 Reserve 22 Operating Income Reserve 22 Revenues (Excluding Capital and Debt Expenditures) 12-Month Rolling Revenues $600,000 $4,500,000 $4,300,000 $500,000 $4,100,000 $400,000 $3,900,000 $3,700,000 $300,000 $3,500,000 $3,300,000 $200,000 $3,100,000 $100,000 $2,900,000 $2,700,000 $- $2,500,000 $(100,000) $(200,000) 12-Month Rolling Revenue Budget 2021 2022 2023 2024 2025 Golf Operating Income Cash Reserves (Excluding Capital and Debt Expenditures) $4,000,000 $1,800,000 $3,500,000 $1,600,000 $3,000,000 $1,400,000 $1,200,000 $2,500,000 $1,000,000 $2,000,000 $800,000 $1,500,000 $600,000 $400,000 $1,000,000 $200,000 $500,000 $- $- $(200,000) $(400,000) $(600,000) 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 10/22/2025 Page 6 of 6 Page 13 of 49  VILLAGE LINKS / RESERVE 22 MONTHLY CASH INCREASE/DECREASE HISTORY (000) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2015 (100) (63) 9 67 80 153 356 352 239 (97) (42) (689) 2016 (114) (20) 41 (109) 206 296 186 237 160 36 (76) (671) 2017 (114) 42 (218) (57) (11) 223 328 291 72 (69) (151) (681) 2018 (113) (50) (157) (56) 216 153 291 92 165 (102) (160) (716) 2019 (144) (53) (138) (136) 99 304 319 171 146 (64) (148) (680) 2020 (173) (21) (43) (225) 69 516 237 500 214 (23) (21) (843) 2021 (135) (26) 96 172 371 412 220 431 272 127 (137) (852) 2022 (173) 19 (130) (48) 40 289 111 474 228 105 (115) (611) 2023 (181) (45) (196) 53 503 177 449 426 264 73 (231) (492) 2024 (269) (144) (31) (215) 133 145 584 301 (80) 204 (436) (401) 2025 (296) (110) (138) (81) 31 323 386 461 288 Avg (165) (43) (82) (58) 158 272 315 340 179 19 (152) (664) Best (100) 42 96 172 503 516 584 500 288 204 (21) (401) Worst (296) (144) (218) (225) (11) 145 111 92 (80) (102) (436) (852) NEXT 12 MONTH CASH BALANCE SCENARIOS 2025 2025 2025 2026 2026 2026 2026 2026 2026 2026 2026 2026 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Avg 3,336 3,184 2,521 2,356 2,313 2,231 2,173 2,331 2,603 2,918 3,257 3,436 Best 3,521 3,500 3,099 2,999 3,041 3,137 3,309 3,812 4,328 4,912 5,412 5,700 Worst 3,215 2,779 1,927 1,631 1,487 1,270 1,044 1,033 1,178 1,289 1,381 1,301 September 2025 Cash On Hand 3,317 Page 14 of 49  Glen Ellyn Recreation Meeting 10/31/2025 7:00 AM Commission Department: Village Links 535 Duane Street Department Head: Noel Allen Glen Ellyn, IL 60137 Category: Report Prepared By: Noel Allen AGENDA ITEM (ID # 2025- DOC ID: 2025-576 576) Manager's Report Statement of the Issue: Analysis: Budget Impact: Contribution to Strategic Plan Action Requested: Attachments: 1. Manager's Report - September 2025 Page 15 of 49  22 “Committed to Excellence since 1967” Manager’s Report for SEPTEMBER 2025 Submitted by Noel Allen, General Manager September 2025 had above normal temperatures and well below normal precipitation. Looking at September observations from O’Hare, the average temperature was 69.3°F (3.0°F above normal), precipitation was 0.49” (2.7” below normal) which is tied for 7th driest. September was again a fantastic month for golf revenue as carts were not grounded on either the 18-Hole and 9-Hole Course (100% availability rate). DuPage County was in Moderate Drought status for most of the month. GOLF Rounds played were up 6% for the month, and are down 2% for the year. Green Fee revenue was up 8% for the month, and is up 3% for the year. Driving Range revenue was up 21% for the month, and is up 7% for the year. Motor Car revenue was up 6% for the month, and is down 3% for the year. Pro Shop sales were up 10% for the month, and are up 2% for the year. Overall Golf revenues were up 5% for the month, and are up 1% for the year. Page 16 of 49 The weather as measured by golf playable hours this September was 4% better than last year, and 8% better than a normal year. Mother Nature continued providing tailwinds with better conditions on Friday, Saturday and Sunday’s where demand is at the highest. With rounds played up 6% this month and capacity rounds up only 4%, utilization again increased slightly this month. Rounds played for September topped 12K, something not seen since 2014 which was the year we re-opened after a full renovation and a surge in interest, and before that in 1999 at the end of the peak of the golf industry where we were teeing off eight groups per hour, as opposed to our six groups per hour now. Carts were not affected due to weather this month compared to one day last September. Year-to-date rounds of golf are now down 1,427 or 2% and YTD total golf revenues are now up $101K driven by price increases to green fees and driving range. Golf staff held the 2nd Annual Senior Glen Ellyn Open, which determines the Senior Men’s & Women’s Club Champions at the Village Links. This year, 70 men and 10 women competed for the title with John Hafner claiming the men’s division with a score of 5 under par 67. Mary Ellen Martin won the women’s division with a score of 80. This year’s participation was down possibly due to the 50-year-old age requirement, making it more difficult for higher aged seniors to compete. At last month’s Recreation Commission meeting, there was talk of a Super Senior division that could possibly increase participation. High School golf dominated afternoon play on the 9-hole course and trickled on to the 18-hole course as well. As a reminder, Village Links provides heavily discounted green fees and driving range fees, as well as advanced reservations, in order to help facilitate the condensed fall schedule. September is usually the peak outing season with golf staff executing 13 shotgun start golf outings during the month, one more than in 2024. Page 17 of 49 RESERVE 22 Reserve 22 revenues were down again this month with restaurant, bar, and concessions down 2.4% and banquets and outings down 18.7%. Despite being down, this month’s total revenues were the 3rd highest since R22 opened and were down only $29K from last year, and $68K short of our record setting September in 2023. Reserve 22’s management team welcomed a new Director of Food & Beverage, David Manseau. David began in early September and has been getting acclimated to our facilities, observing operations, and meeting with the entire staff. David brings with him a wealth of experience in many types of restaurant models and will be putting together a strategic plan to increase sales, enhance operations as well as the guest experience, and increase efficiencies and ultimately R22 profitability. In September 2025, we hosted 24 events across all spaces – a decrease of nine events compared to September 2024. Our banquet sales team did not meet again in September. Our next meeting will be in October to continue discussing new strategies and explore ideas from David, who has had extensive experience in banquets in his past career. Page 18 of 49 KEY METRICS Year-to-date comparisons to targeted budget numbers were again mixed, with gains in all golf categories but missing in food and total revenues. Last year through September, total revenues were $635,925 ahead of our target with this year now coming in at only $7,154 ahead of target. Last year Food Revenue was ahead of target by $70K, and this year we are trailing target by $278K. Unfortunately, the majority of the golf season is now finished. Green aeration, cooler temperatures and shorter days will severely slow golf activity. Forecasts, however, are for a warmer and drier than usual fall, followed by a La Nina weather pattern that may extend the golf season. Planning is well underway for the holiday season, including the holiday pop-up bar and Winter Wonderland themes that have increased business during the slower months where golf does not support the restaurant. Page 19 of 49 Breaking down some comparative metrics: September 2025 GPH up 4% from September 2024 and up 8% from a "normal" year September 2025 YTD GPH up 3% from September 2024 YTD and up 2% from a "normal" year August 2025 Golf Datatech Chicagoland rounds played up 5.2% August 2025 Village Links rounds played up 3% - normally we are stronger than the Chicagoland metric. Village Links golf courses are at very high utilization which may explain why we are not comparing as well. YTD through August 2025 Golf Datatech Chicagoland rounds played up 1.2% YTD through August 2025 Village Links rounds played down 2% - normally we are stronger than the Chicagoland metric but we opened for the season 17 days later in 2025 and many courses were not as aggressive as we were in 2024 2025 YTD total revenue $7,154 over YTD budget target (2024 September YTD total revenue was over YTD budget target by $635,925. (Note: 2025 targets were increased by $783,150) Golf carts grounded 0 days in September 2025 and 1 day in September 2024 September 2025 R22 restaurant and bar sales down 2.4% YTD 2025 R22 restaurant and bar sales down 4.9% September 2025 R22 banquet sales down 18.7% YTD 2025 R22 banquet sales down 2.7% September 2025 R22 Total Revenues down 6.9% YTD 2025 R22 Total Revenues down 3.7% Page 20 of 49 GOLF COURSE AND GROUNDS September was another busy month that was accompanied by moderate drought. While great for creating firm conditions and making sure carts are running uninterrupted, it poses challenges for recovery. In mid-late August the golf course experienced some minor turf loss in fairways due to heavy rains and hot temperatures. This month we were able to successfully seed into fairway spots with our new Tractor and Seeder purchased this spring, and in areas where we were able to keep cart traffic off entirely, we had very good germination and lateral growth of the existing turf. We will attempt to overseed and fertilize into the remaining thin spots this fall, as well as focus attention onto thin areas of the rough. Our crews also cleared overgrowth along the fence line on Winchell Way to the delight of our neighbors that live along Lowden Avenue, and also continued tree trimming and began swapping out summer annual flowers for fall plantings. Grounds 1. Greens remain firm and true 2. Continuing tree trimming 3. Bunkers raked near daily 4. Filled All Tee Divots 5. 10 Irrigation repairs (small repairs) 6. Lake Lambert trash removal and mowing 7. Finalizing plans for Greens Aeration 8. Fall Flowers installed 9. Continued trimming trees on the course 10. Pond treatments began on 14, 16, 18, entrance with fantastic results 11. Played Cog Hill #4 with Asst Golf Pro and 2 Rec Commissioners Mechanical and Building Maintenance 1. Shop cleanup and reorganization as time allows 2. 25 pieces of equipment were repaired and/or serviced 3. Toilets repaired 4. HVAC filters changed and Thermostats changed out 5. Moved Server from Director of Golf Office to North Side office 6. Sinks cleared of clogs 7. Toured entire facility and operation with New F&B Director Page 21 of 49 Reseeding the 8th tee (9-hole course) tee which is Newly seeded bare rough areas have used as a sod nursery. begun to fill in. Newly seeded fairway areas have Results of pond treatments have been begun to fill in. positive. Flowers flourishing on the 14th tee box. Page 22 of 49  Glen Ellyn Recreation Meeting 10/31/2025 7:00 AM Commission Department: Village Links 535 Duane Street Department Head: Noel Allen Glen Ellyn, IL 60137 Category: Report Prepared By: Mike Campbell AGENDA ITEM (ID # 2025- DOC ID: 2025-907 907) a. Golf - Mike Campbell Statement of the Issue: Analysis: Budget Impact: Contribution to Strategic Plan Action Requested: Attachments: Page 23 of 49  Glen Ellyn Recreation Meeting 10/31/2025 7:00 AM Commission Department: Village Links 535 Duane Street Department Head: Noel Allen Glen Ellyn, IL 60137 Category: Report Prepared By: David Manseau AGENDA ITEM (ID # 2025- DOC ID: 2025-908 908) b. Reserve 22 - David Manseau Statement of the Issue: Analysis: Budget Impact: Contribution to Strategic Plan Action Requested: Attachments: Page 24 of 49  Glen Ellyn Recreation Meeting 10/31/2025 7:00 AM Commission Department: Village Links 535 Duane Street Department Head: Noel Allen Glen Ellyn, IL 60137 Category: Report Prepared By: Andrew Cross AGENDA ITEM (ID # 2025- DOC ID: 2025-909 909) c. Grounds - Andrew Cross Statement of the Issue: Analysis: Budget Impact: Contribution to Strategic Plan Action Requested: Attachments: Page 25 of 49  Glen Ellyn Recreation Meeting 10/31/2025 7:00 AM Commission Department: Village Links 535 Duane Street Department Head: Noel Allen Glen Ellyn, IL 60137 Category: Discussion Item Prepared By: Steve Thompson AGENDA ITEM (ID DOC ID: 2025-577 # 2025-577) Trustee Liaison - Steve Thompson Statement of the Issue: Analysis: Budget Impact: Contribution to Strategic Plan Action Requested: Attachments: Page 26 of 49 2026 Rate Proposal Village Links of Glen Ellyn Total yearly rounds played will be down slightly from 2024, mainly because a mild winter allowed the course to open about a month earlier last year. At the end of the year, we will exceed target revenues in all areas. Round Targets vs Actuals with Green Fee Revenue 2020 - Present 100000 $5,000,000.00 90184 90000 84085 85000 $4,500,000.00 80533 78000 80000 80000 74894 78000 77236 78000 80000 $4,000,000.00 70000 70000 $3,040,000.00 $3,500,000.00 $2,683,417.09 60000 $2,502,133.50 $3,000,000.00 50000 $2,500,000.00 $2,973,623.97 40000 $2,000,000.00 $2,420,580.59 30000 $2,096,702.07 $1,500,000.00 20000 $1,000,000.00 10000 $500,000.00 0 $- 2020 2021 2022 2023 2024 2025 *2025 Actual is a Projection Targets Actuals* Revenue* based on YTD Rounds Included is a summary of some operational points that may bear future consideration, a new opportunity we are trialing, as well as the results of our annual rate study, and our recommendation for rates in 2026. Page 27 of 49 Operational Points of Interest Weekend Rates Most golf courses have increased the gap between weekday and weekend green fee prices. We are recommending slightly increasing the gap in our weekend 18-hole rates in 2026. With Friday being the busiest day of the week, some courses have included Friday in their weekend rate structure. This is something the Village Links might consider in the future if rounds were to decline. Tee Sheet Technology Newer point-of-sale systems that include electronic tee sheets like ours offer many tools to manage tee sheet inventory. One of the tools, the Daily Deal, allows us to set up a discount on a tee time or block of tee times. This is displayed online to everyone and is highlighted at the top of the booking engine giving them a better chance of being reserved. One way to maximize revenue potential is to use the daily deal to discount tee times that prove to be less desirable rather than publish discounted breaks in the day (twilight, super twilight, etc.) that are set for an entire season. Dynamic pricing is also a trend in golf course management where golf courses set a floor price and based upon demand, the system manages pricing to increase the “rack” rate where demand is high. We do not believe that dynamic pricing would be received well as a municipal golf course, as our residents would not want to potentially pay more than a non-resident depending upon when they booked. 10 Minute Intervals Over the years the Village Links has had to adapt to changes in the industry due to innovation in golf ball and club technology, and most recently COVID-19. The Village Links, in our highest usage years, teed off 8 and 9 groups per hour. Due to further development of golf club (primarily driver) and golf ball technology, we have had to reduce our capacity to compensate. During COVID, when we were allowed to reopen in early 2020, we were restricted to allowing only 6 groups per hour, or 10-minute intervals. Many courses in the area had already been using this model over the years in order to keep on time on the first tee and better manage pace of play. From 2021 onward, we continued teeing off 6 groups per hour every day on the 9-hole course. On the 18- hole course we teed off 7 groups per hour on Saturdays and Sundays during permanent tee times, 6 groups per hour Saturdays and Sundays beginning at 11:00 AM, and 6 groups per hour all day Monday through Friday. Our customer satisfaction continues to remain high as we are almost always on time on the first tee and our pace of play has noticeably improved over prior years. Elimination of Happy Hours With the increase in demand and decrease in supply of tee times, we eliminated the Happy Hour discount in 2020. Happy Hour significantly discounted 1 hour of tee times every day on both golf courses. We have not seen any loss of rounds, and most of the former Happy Hours run at or near capacity. Page 28 of 49 Increased School Rates We are now in line with what most of our competitors charge. Senior/Junior Rates In 2021, we consolidated the senior age to 62 for everyone and now have a consistent senior and junior rate for non-resident, VIP and resident golfers on both the 9-hole and 18-hole courses. 6:30 PM 9-Hole Special The 6:30 special was too low so we increased it to be half of the normal rate for all categories of golfers. Eliminate Fall Fest This year we again did not offer any Fall Fest promotions, which offered heavy discounts to keep people playing golf longer into the season. Rounds played in September and October remain higher than normal, and revenues are still setting records. Spring and Fall Specials We continue to recommend not offering the Spring Special or the Fall Special, which offered heavily discounted weekday green fees during the fringe months. We will monitor demand for spring and fall golf to determine if this program will need to return. Footgolf We eliminated footgolf in 2021 from our facility for a number of reasons. First, footgolfers and regular golfers do not mix well. We regularly received complaints from our regular golfers about footgolfers distracting from their experience at our course. Footgolfers oftentimes do not understand golf etiquette or protocols. Second, with the golf course busier, we were losing revenue almost every time a group of footgolf was booked. Finally, our brand was compromised by the appearance of the footgolf tees and flags on our 9-hole golf course. If play were to decline again and we regularly have open space we could consider bringing it back. Third-party Bookings Late this summer, we reached an agreement with GolfNow to grant them access to our tee sheet as a third-party booking engine. For background, in the past when considering partnering with GolfNow, the terms offered little benefit for us. With changes in the golf landscape, GolfNow has been offering a different style of partnership that makes tee times available only 24 hours in advance through their online booking engine. Traditionally, these tee times may or may not have been booked through our own booking engine, but by opening them up to a bigger audience we increase the chances for them to be reserved. GolfNow gets paid through a barter for one foursome per day that is paid directly to them by the customer. All bookings (except for the GolfNow barter times) are for non-resident green fees and get paid directly to us when they arrive at the course. We now have a stable integration up and running, and we are evaluating whether this new tool has helped us fill “last minute” unused tee times more efficiently than our own direct booking. Page 29 of 49 2025 Market Analysis We have completed our annual survey of base green fees at public golf courses in our area. For this study, we selected courses within 30 miles of Glen Ellyn.1 The total number of courses in the survey is 55, with three of the courses closing within the last 5 years, one closed for renovations through 2026, and one reopening. The total number of courses offering 9-holes is 35 with only 29 allowing 9-hole play on the weekends. The 18-hole golfer and 9-hole golfer are completely different customers. The 9-hole market competes more on price whereas the 18-hole market competes more on quality. 18-Hole Course with Cart Weekday At $87.00 Village Links is the 10th most expensive course, flat from last year. The median fee is $67.00, up $2.50 from last year. The average fee is $73.94, up $2.67 from last year. 18-Hole Course with Cart Weekend At $99.00 Village Links is the 15th most expensive course, up from 16th last year. The median fee is $84.00, up $2.00 from last year. The average fee is $94.25, up $3.43 from last year. 9-Hole Course with Cart Weekday At $39.00 Village Links is the 18th most expensive course, up from 19th last year. The median fee is $39.00, flat from last year. The average fee is $40.31, up $1.58 from last year. 9-Hole Course with Cart Weekend At $47.00 Village Links is the 14th most expensive course, flat from last year. The median fee is $47.00, up $3.00 from last year. The average fee is $45.95, up $1.65 from last year. It is important to note that resident card holders receive a substantial discount on all green fees which lowers their green fees well below the market averages. Also, most 9-hole players gravitate toward the stand-alone 9-hole operations, or courses who have 27 holes, and designate one of the 3 nines exclusively for 9-hole play. These courses are generally more affordable than the 18-hole counterparts, who more aggressively market 18-hole play as 9-hole play erodes their green fee revenues. 1 See Appendix A for full Rate Study results. Page 30 of 49 2025 Green Fee Sales Analysis – Through September 30 Rounds played were 77,210, down 1,427 or 2% from 2024. The decrease in play is mostly due to a mild winter allowing the course to open 1 month earlier than normal in 2024, as well as 2% better than average year to date weather as determined by Pellucid’s golf playable hours, which is down 1% from last year. Despite the decline in rounds played, green fees and driving range revenues are at record levels due to last year’s rate increases. Motor carts are down this year due to wetter conditions that have lowered overall availability. Play was split fairly equally this year between the 18-hole course and the 9-hole course, with slightly more rounds played on the 9. Total green fee revenue through September 30 was $2,652,091.68, up $77,209.23 or 3%. Green fee revenue on the 18-hole course was $1,807,852.18 and $888,619.30 on the 9-hole course. Rounds by Course Revenue by Course $888,619.30 , 33% 38468, 38742, 50% 50% $1,807,852.18 , 67% 9 18 9 18 Rounds played continue to be more influenced by non-resident and VIP golfers at 69% of total play. Total green fee revenue from non-resident and VIP play represents 75%. Rounds by Class Revenue by Class $505,960.64 , $336,166.42 , 12% 17588, 4445, 6% 19% 23% 6227, 8% 29323, 19627, 38% $660,093.00 25% $1,194,251.42 , , 25% 44% Comp Miscellaneous Non-Resident Comp Miscellaneous Non-Resident Resident VIP Resident VIP Page 31 of 49 Discounted weekend resident play on the 18-hole course is much higher than on the 9-hole course due to permanent tee time play in the mornings. Weekend 18 Rounds by Class Weekend 9 Rounds by Class 1651, 14% 2747, 23% 4437, 39% 6597, 54% 2808, 23% 5391, 47% Non-Resident Resident VIP Non-Resident Resident VIP Outings represent 6% of rounds played but provide 11% of green fee revenues, which is why we try to bring these groups in; very often they will come back every year and have a positive impact on both golf revenues and Reserve 22, as most of the large shotgun outings also have an F&B component. Rounds by Customer Type Revenue by Customer Type 4840, 6% $310,070.42 , 11% $209,453.35 , 8% 8106, 10% 36552, 47% 19853, 26% $527,227.32 , 20% $1,574,813.34 , 58% Adult Senior Junior Adult Senior Junior Twilight Employee High School Twilight Employee High School Miscellaneous Outing Miscellaneous Outing Having the optimal number of outings is a delicate balancing act as we try to provide opportunities for this profitable segment of our business without alienating our core players or eroding our brand by creating a perception that it is hard to get a good tee time because we are always hosting an outing. We have several policies in place during the summer season that help put a limit on outings, such as no morning shotguns on weekends to allow for the Permanent Times to play, no more than two Friday shotguns a month, and requiring a minimum group size of 40 to even consider doing a shotgun. Page 32 of 49 2026 User Fee Proposal As costs continue to increase each year, revenues must also keep pace to cover our expenses and pay for future improvements to our infrastructure. Year-to-date operating costs through September are up 3.4% or $184,302. Our increase in expenses is lower than 2023 to 2024, but is still modestly higher. Also, in line with operating costs going up, our minimum target balance in the Recreation Fund will also be rising. This is a significant headwind as we seek to save upwards of $300,000 a year towards the Master Plan. For 2026 we are recommending an increase in fees in order to maintain our market position and take advantage of still strong demand that is topping out our capacity, especially on weekends. New Proportional Rate Structure In the past, many of our rates have been set more on feel than any data-based approach. We have therefore implemented a new fee structure based on customer class and type: • VIP is a 20% discount • Resident is a 25% discount • Juniors and Seniors get an additional 20% off their rate Now, we will have more predictable discounted green fees that will always tie directly to the market rate. Revenue Projections Below are revenue projections using four price models applied to four rounds played scenarios: • Worst is 74,894 rounds from 2020 • Average is the 5-year average of rounds played from 2020 to 2024 of 81,386 • Target represents our budget target for rounds in 2026 of 85,000 • Best is 90,184 rounds from 2024 We used the 5 year averages of each type of round played (from the same period of time) to get a model for the mix of rounds and applied that to each scenario.2 We then reduced revenue by 2.5% to account for our off-season discounts, which are in effect for approximately 10% of rounds played in the average year at 25% off (25% of 10% is 2.5%), as well as subtracting the 5 year average of rainchecks issued to reach a Green Fee revenue estimate for each of the twelve possible combinations, summarized below. Price Model Worst (74,894) Average (81,386) Target (85,000) Best (90,184) Model A $ 2,585,162.08 $ 2,812,780.32 $ 2,939,362.33 $ 3,121,185.10 Model B $ 2,674,316.60 $ 2,909,656.53 $ 3,040,532.43 $ 3,228,539.53 Model C $ 2,693,303.07 $ 2,930,288.31 $ 3,062,079.50 $ 3,251,401.28 Model D $ 2,623,807.70 $ 2,854,769.16 $ 2,983,209.30 $ 3,167,718.97 Model A Model A represents no change in green fees or service charges from 2025.3 2 See Appendix B for detailed round and revenue projections using each model 3 See Appendix C for full User Fee Schedule – Model A Page 33 of 49 Model B Model B represents increases in green fees of about $1.00 across the board and uses a new proportional rate structure.4 Model C Model C increases green fees more aggressively than Model B, also using a new proportional rate structure, representing about a $2.00 increase on weekends and a $1.00 increase on weekdays.5 Model D Model D represents no change in the rack rate, but does implement the new proportional rate structure.6 Recommendation The Golf Division staff recommends that the board approve the rate increase described in Model C for the following reasons: • Highest probability to achieve budgeted target revenue of $3.1M if we hit budgeted target rounds of 85K • Although cooling off, higher than normal inflation continues to be a challenge, and the reality is that there is a new price level • Cost of labor increasing, though less than in the past with minimum wage increases ending • Future golf course Master Plan • Remain in line with local competition • Golf demand continues to be high – we remain optimistic about the future Conclusion In order to achieve our budgeted target green fee revenue of $3.1M in 2026 with no rate increase, we will have to play over 90,000 annual rounds of golf, which would be at or near our highest level in the last five seasons. Model C provides us with the highest probability of achieving our target revenues. Inflation continues to challenge us in all facets of work and life. As mentioned earlier, our operating expenses are up 3.4% through September, which increased our costs over $184,000. Raising rates using Model C will raise green fee revenues only about $123,000. One of the primary means through which we maintain profitability is through controlling our labor costs. The vast majority of our seasonal staff are paid minimum wage. This year marked the last year of Illinois minimum wage increases. However, all full time and regular part time staff will still be receiving annual merit increases. Total payroll costs, including FICA and IMRF, are budgeted to increase by $196,000 or 5% in 2026. Over the past few years, Village Links staff together with the Recreation Commission have been working with a golf course architect to develop a much-needed Long Range Master Plan to address weaknesses on the golf course. Our irrigation system is now over 20 years old and will need to be replaced at a cost 4 See Appendix D for full User Fee Schedule – Model B 5 See Appendix E for full User Fee Schedule – Model C 6 See Appendix F for full User Fee Schedule – Model D Page 34 of 49 over $2 million. Our pump stations will both need replacement. Many of our 150 bunkers are failing, our par 3 tee space is inadequate, and drainage issues threaten the playability and ultimately our brand. Our parking lot will also need to be replaced when maintenance and repair are no longer an option. Building our reserve to help fund these projects with less risk to the daily operation are paramount. For the past several seasons, local competitors have had similar increases to their rates. We anticipate this to continue. Model C will keep us in our desired market position. Finally, golf demand continues to be at 20-year highs. However, weather (being our largest uncontrollable variable) may not be as conducive to golf as these past few years, where it was above average. This means there is a possibility to see a decline in rounds from 2025. Model C will give us the best opportunity to achieve our budgeted green fee revenue, and continue to successfully provide recreational opportunities and important life- and property-saving storm water detention services at no cost to the Glen Ellyn taxpayer. Page 35 of 49 Appendix A – 2024 Rate Study Results Weekday 18 Holes Weekday 2025 18 With 2024 18 With Change in Change in Cart Cart Price Rank Glen Club $ 205.00 $ 200.00 $ 5.00 - Cog Hill #4 $ 149.00 $ 145.00 $ 4.00 - Cantigny $ 119.00 $ 111.00 $ 8.00 1 Bolingbrook $ 115.00 $ 115.00 $- (1) Mistwood $ 105.00 $ 99.00 $ 6.00 - Oak Meadows (Preserve) $ 95.00 $ 95.00 $- - Seven Bridges $ 94.00 $ 92.00 $ 2.00 - Arrowhead $ 89.00 $ 89.00 $- - Pine Meadow $ 89.00 $ 80.00 $ 9.00 5 Village Links $ 87.00 $ 85.00 $ 2.00 - Harborside Int'l $ 86.00 $ 89.00 $ (3.00) (3) Ravisloe $ 85.00 $ 80.00 $ 5.00 1 Prairie Landing $ 85.00 $ 85.00 $- (2) Willow Crest $ 82.00 $ 80.00 $ 2.00 (1) Cog Hill #2 $ 80.00 $ 80.00 $- (2) Ruffled Feathers $ 79.95 $ 80.99 $ (1.04) (4) Bowes Creek $ 79.00 $ 79.00 $- - Makray Memorial $ 78.00 $ 75.00 $ 3.00 - Winnetka $ 77.00 $ 75.00 $ 2.00 (1) Oak Brook $ 75.00 $ 75.00 $- (2) Silver Lake $ 75.00 $ 68.00 $ 7.00 4 Glencoe $ 73.00 $ 70.00 $ 3.00 (1) Schaumburg Golf Club $ 72.00 $ 70.00 $ 2.00 (2) Highlands of Elgin $ 70.00 $ 70.00 $- (3) Doral Eaglewood $ 69.00 $ 65.00 $ 4.00 1 Klein Creek $ 69.00 $ 67.00 $ 2.00 - Mt. Prospect $ 68.00 $ 64.00 $ 4.00 2 Springbrook $ 67.00 $ 65.00 $ 2.00 (2) Arboretum $ 65.00 $ 60.00 $ 5.00 1 Maple Meadows $ 65.00 $ 65.00 $- (3) Bridges of Poplar Creek $ 64.00 $ 60.00 $ 4.00 (1) Fox Bend $ 62.00 $ 59.00 $ 3.00 2 Settler's Hill $ 61.00 $ 55.00 $ 6.00 7 Fox Lake $ 60.00 $ 57.00 $ 3.00 5 Bittersweet $ 60.00 $ 52.00 $ 8.00 15 Cog Hill #3 $ 60.00 $ 59.00 $ 1.00 - Cog Hill #1 $ 60.00 $ 59.00 $ 1.00 - Balmoral Woods $ 59.00 $ 55.00 $ 4.00 2 Page 36 of 49 Weekday 2025 18 With 2024 18 With Change in Change in Cart Cart Price Rank Old Orchard $ 59.00 $ 59.00 $- (4) Naperbrook $ 59.00 $ 59.00 $- (4) Bartlett Hills $ 59.00 $ 60.00 $ (1.00) (8) Blackberry Oaks $ 59.00 $ 54.00 $ 5.00 8 Fox Run Golf Links $ 58.00 $ 55.00 $ 3.00 (3) Highland Woods $ 57.00 $ 55.00 $ 2.00 (4) Hilldale $ 57.00 $ 55.00 $ 2.00 (4) St. Andrews $ 56.00 $ 53.00 $ 3.00 1 Bloomingdale $ 55.50 $ 53.00 $ 2.50 - Carillon $ 55.00 $ 49.00 $ 6.00 5 Golf Club of Illinois $ 55.00 $ 52.00 $ 3.00 1 Tanna Farms $ 55.00 $ 60.00 $ (5.00) (18) White Pines $ 54.00 $ 55.00 $ (1.00) (11) George W. Dunne National $ 53.00 $ 50.00 $ 3.00 (1) Mill Creek $ 52.00 $ 50.00 $ 2.00 (2) Carriage Greens $ 46.00 $ 42.00 $ 4.00 1 Tamarack $ 44.00 $ 45.00 $ (1.00) (1) Weekend 18 Holes Weekend 2025 18 With 2024 18 With Change in Change in Cart Cart Price Rank Glen Club $250.00 $235.00 $15.00 - Cog Hill #4 $206.00 $204.00 $2.00 - Cantigny $150.00 $140.00 $10.00 - Harborside Int'l $136.00 $129.00 $7.00 1 Bolingbrook $135.00 $135.00 $- (1) Mistwood $130.00 $124.00 $6.00 1 Oak Meadows (Preserve) $125.00 $125.00 $- (1) Seven Bridges $121.00 $120.00 $1.00 - Ravisloe $120.00 $110.00 $10.00 1 Prairie Landing $115.00 $115.00 $- (1) Ruffled Feathers $112.95 $109.99 $2.96 - Bowes Creek $109.00 $109.00 $- - Pine Meadow $106.00 $96.00 $10.00 2 Makray Memorial $102.00 $99.00 $3.00 (1) Schaumburg Golf Club $99.00 $94.00 $5.00 2 Arrowhead $99.00 $99.00 $- (2) Village Links $99.00 $95.00 $4.00 1 Cog Hill #2 $96.00 $92.00 $4.00 - Mt. Prospect $90.00 $82.00 $8.00 8 Winnetka $89.00 $87.00 $2.00 - St. Andrews $89.00 $83.00 $6.00 6 Klein Creek $89.00 $89.00 $- (1) Oak Brook $87.00 $87.00 $- (3) Page 37 of 49 Weekend 2025 18 With 2024 18 With Change in Change in Cart Cart Price Rank Willow Crest $86.00 $85.00 $1.00 (2) Maple Meadows $85.00 $85.00 $- (3) Silver Lake $85.00 $78.00 $7.00 8 Old Orchard $85.00 $85.00 $- (3) Cog Hill #1 $84.00 $82.00 $2.00 (1) Cog Hill #3 $84.00 $82.00 $2.00 (1) Highlands of Elgin $84.00 $84.00 $- (3) Glencoe $82.00 $79.00 $3.00 (1) Bridges of Poplar Creek $82.00 $79.00 $3.00 (1) Arboretum $80.00 $79.00 $1.00 (3) Carriage Greens $80.00 $68.00 $12.00 14 George W. Dunne National $79.00 $76.00 $3.00 (1) Bartlett Hills $79.00 $75.00 $4.00 - Doral Eaglewood $79.00 $75.00 $4.00 - Blackberry Oaks $79.00 $72.00 $7.00 7 Fox Bend $78.00 $73.00 $5.00 1 Springbrook $77.00 $75.00 $2.00 (5) Bittersweet $77.00 $72.00 $5.00 2 White Pines $76.00 $69.00 $7.00 2 Hilldale $75.00 $75.00 $- (8) Fox Run Golf Links $72.00 $69.00 $3.00 - Settler's Hill $71.00 $65.00 $6.00 5 Bloomingdale $70.00 $67.00 $3.00 3 Fox Lake $70.00 $65.00 $5.00 4 Balmoral Woods $69.00 $75.00 $(6.00) (13) Naperbrook $69.00 $69.00 $- (4) Tamarack $69.00 $73.00 $(4.00) (8) Golf Club of Illinois $67.00 $65.00 $2.00 (1) Carillon $65.00 $65.00 $- (2) Highland Woods $65.00 $63.00 $2.00 2 Mill Creek $63.00 $60.00 $3.00 1 Tanna Farms $63.00 $68.00 $(5.00) (7) Weekday 9 Holes Weekday 2025 9 With 2024 9 With Change in Change in Cart Cart Price Rank Oak Meadows (Preserve) $ 57.00 $ 57.00 $- - Cantigny $ 55.00 $ 51.00 $ 4.00 - Glencoe $ 50.50 $ 48.00 $ 2.50 1 Mistwood $ 50.00 $ 50.00 $- (1) Pine Meadow $ 49.00 $ 48.00 $ 1.00 (1) Fox Bend $ 48.00 $ 45.00 $ 3.00 1 Settler's Hill $ 47.00 $ 40.00 $ 7.00 7 Oak Brook $ 46.50 $ 46.50 $- (2) Schaumburg Golf Club $ 44.50 $ 42.50 $ 2.00 - Page 38 of 49 Weekday 2025 9 With 2024 9 With Change in Change in Cart Cart Price Rank Arrowhead $ 44.50 $ 44.50 $- (1) Doral Eaglewood $ 44.00 $ 42.00 $ 2.00 (1) Makray Memorial $ 42.00 $ 40.00 $ 2.00 2 Maple Meadows $ 42.00 $ 42.00 $- (2) Highlands of Elgin $ 41.00 $ 41.00 $- (2) Arboretum $ 40.00 $- $ 40.00 20 Old Orchard $ 40.00 $ 40.00 $- (1) Mill Creek $ 40.00 $ 38.00 $ 2.00 4 Klein Creek $ 39.00 $ 39.00 $- (1) Springbrook $ 39.00 $ 39.00 $- (1) Mt. Prospect $ 39.00 $ 37.00 $ 2.00 5 Village Links $ 39.00 $ 38.00 $ 1.00 1 Bowes Creek $ 38.00 $ 38.00 $- (3) Winnetka $ 38.00 $ 35.00 $ 3.00 2 Naperbrook $ 38.00 $ 38.00 $- (3) Tanna Farms $ 37.00 $ 35.00 $ 2.00 (1) White Pines $ 36.00 $ 35.00 $ 1.00 (2) Carillon $ 35.00 $ 30.00 $ 5.00 3 Silver Lake $ 35.00 $ 41.00 $ (6.00) (15) Fox Lake $ 35.00 $ 32.00 $ 3.00 - Bloomingdale $ 34.00 $ 32.00 $ 2.00 (3) Bittersweet $ 32.00 $ 28.00 $ 4.00 1 Fox Run Golf Links $ 32.00 $ 31.00 $ 1.00 (2) Golf Club of Illinois $ 30.00 $ 29.00 $ 1.00 (2) Highland Woods $ 28.00 $ 22.00 $ 6.00 - St. Andrews $ 26.00 $ 26.00 $- (2) Weekend 9 Holes Weekend 2025 9 With 2024 9 With Change in Change in Cart Cart Price Rank Oak Meadows (Preserve) $ 67.00 $ 67.00 $- - Cantigny $ 65.00 $ 62.00 $ 3.00 - Fox Bend $ 56.00 $ 52.00 $ 4.00 2 Bowes Creek $ 55.00 $ 55.00 $- (1) Mistwood $ 55.00 $ 55.00 $- (1) Doral Eaglewood $ 55.00 $ 51.00 $ 4.00 2 Schaumburg Golf Club $ 53.50 $ 50.50 $ 3.00 1 Klein Creek $ 53.00 $- $ 53.00 20 Pine Meadow $ 52.00 $ 48.00 $ 4.00 2 Highlands of Elgin $ 51.00 $ 51.00 $- (4) Oak Brook $ 49.50 $ 49.50 $- (2) Arrowhead $ 49.50 $ 49.50 $- (2) Page 39 of 49 Weekend 2025 9 With 2024 9 With Change in Change in Cart Cart Price Rank Maple Meadows $ 48.00 $ 48.00 $- (2) Mt. Prospect $ 47.00 $ 43.00 $ 4.00 1 Village Links $ 47.00 $ 45.00 $ 2.00 - Winnetka $ 46.00 $ 38.00 $ 8.00 3 Springbrook $ 43.00 $ 43.00 $- (2) Naperbrook $ 42.00 $ 42.00 $- (1) Makray Memorial $ 42.00 $- $ 42.00 10 White Pines $ 41.00 $ 40.00 $ 1.00 (2) Fox Run Golf Links $ 38.00 $ 37.00 $ 1.00 (1) Bittersweet $ 38.00 $ 35.00 $ 3.00 1 Bloomingdale $ 37.00 $ 33.00 $ 4.00 2 Fox Lake $ 37.00 $ 35.00 $ 2.00 (1) Golf Club of Illinois $ 36.00 $ 36.00 $- (4) Carillon $ 35.00 $ 35.00 $- (4) Silver Lake $ 35.00 $ 46.00 $ (11.00) (13) Highland Woods $ 30.00 $ 27.00 $ 3.00 (1) St. Andrews $ 29.00 $ 29.00 $- (3) Page 40 of 49 Appendix B – Round & Revenue Projections Rate 5YA Pct Worst Average Target Best 18 Weekend Non-Res Adult 4.64% 3474 3775 3942 4183 18 Weekend Non-Res Twilight 1.79% 1342 1458 1523 1615 18 Weekend VIP Adult 1.64% 1228 1334 1393 1478 18 Weekend VIP Twilight 0.27% 202 219 229 243 18 Weekend Resident Adult 6.58% 4927 5354 5592 5933 18 Weekend Resident Twilight 0.53% 400 435 454 482 18 Weekday Non-Res Adult 6.18% 4631 5033 5256 5577 18 Weekday Non-Res Senior 3.90% 2925 3178 3319 3522 18 Weekday Non-Res Junior 0.22% 168 183 191 203 18 Weekday Non-Res Twilight 1.88% 1409 1532 1600 1697 18 Weekday VIP Adult 0.95% 710 771 806 855 18 Weekday VIP Senior 2.77% 2078 2258 2358 2502 18 Weekday VIP Junior 0.00% 3 3 3 4 18 Weekday VIP Twilight 2.01% 1504 1634 1707 1811 18 Weekday Resident Adult 2.59% 1940 2108 2202 2336 18 Weekday Resident Senior 2.93% 2197 2387 2493 2645 18 Weekday Resident Junior 0.19% 139 151 157 167 18 Weekday Resident Twilight 1.86% 1393 1513 1581 1677 18 Miscellaneous Comp Employee 1.95% 1461 1588 1658 1759 18 Miscellaneous Comp Miscellaneous 1.84% 1382 1501 1568 1664 18 Miscellaneous Miscellaneous High School 0.21% 160 174 181 192 18 Miscellaneous Miscellaneous Outing 4.47% 3348 3639 3800 4032 9 Weekend Non-Res Adult 8.27% 6197 6734 7033 7462 9 Weekend Non-Res Twilight 0.26% 198 215 225 239 9 Weekend VIP Adult 3.54% 2648 2878 3006 3189 9 Weekend VIP Twilight 0.02% 13 14 15 16 9 Weekend Resident Adult 3.51% 2629 2857 2983 3165 9 Weekend Resident Twilight 0.10% 76 83 86 92 9 Weekday Non-Res Adult 8.23% 6167 6702 7000 7427 9 Weekday Non-Res Senior 3.33% 2492 2708 2828 3000 9 Weekday Non-Res Junior 0.80% 600 652 681 722 9 Weekday Non-Res Twilight 1.14% 852 926 967 1026 9 Weekday VIP Adult 2.86% 2145 2331 2435 2583 9 Weekday VIP Senior 5.40% 4044 4395 4590 4870 9 Weekday VIP Junior 0.03% 20 22 23 25 9 Weekday VIP Twilight 0.10% 78 85 88 94 9 Weekday Resident Adult 3.54% 2654 2884 3012 3196 9 Weekday Resident Senior 4.91% 3678 3997 4174 4429 9 Weekday Resident Junior 0.84% 630 684 715 758 9 Weekday Resident Twilight 0.53% 395 430 449 476 9 Miscellaneous Comp Employee 0.82% 615 668 698 741 9 Miscellaneous Comp Miscellaneous 0.16% 122 132 138 147 9 Miscellaneous Miscellaneous High School 0.90% 677 736 768 815 9 Miscellaneous Miscellaneous Outing 0.55% 411 447 467 495 9 Miscellaneous Miscellaneous Miscellaneous 0.71% 532 578 603 640 Total 100.00% 74894 81386 84997 90184 Page 41 of 49  Rate Model A Worst A Average A Target A Best A 18 Weekend Non-Res Adult $ 78.00 $ 270,972.00 $ 294,450.00 $ 307,476.00 $ 326,274.00 18 Weekend Non-Res Twilight $ 39.00 $ 52,338.00 $ 56,862.00 $ 59,397.00 $ 62,985.00 18 Weekend VIP Adult $ 62.40 $ 76,627.20 $ 83,241.60 $ 86,923.20 $ 92,227.20 18 Weekend VIP Twilight $ 31.20 $ 6,302.40 $ 6,832.80 $ 7,144.80 $ 7,581.60 18 Weekend Resident Adult $ 60.00 $ 295,620.00 $ 321,240.00 $ 335,520.00 $ 355,980.00 18 Weekend Resident Twilight $ 30.00 $ 12,000.00 $ 13,050.00 $ 13,620.00 $ 14,460.00 18 Weekday Non-Res Adult $ 66.00 $ 305,646.00 $ 332,178.00 $ 346,896.00 $ 368,082.00 18 Weekday Non-Res Senior $ 45.00 $ 131,625.00 $ 143,010.00 $ 149,355.00 $ 158,490.00 18 Weekday Non-Res Junior $ 45.00 $ 7,560.00 $ 8,235.00 $ 8,595.00 $ 9,135.00 18 Weekday Non-Res Twilight $ 33.00 $ 46,497.00 $ 50,556.00 $ 52,800.00 $ 56,001.00 18 Weekday VIP Adult $ 52.80 $ 37,488.00 $ 40,708.80 $ 42,556.80 $ 45,144.00 18 Weekday VIP Senior $ 36.00 $ 74,808.00 $ 81,288.00 $ 84,888.00 $ 90,072.00 18 Weekday VIP Junior $ 36.00 $ 108.00 $ 108.00 $ 108.00 $ 144.00 18 Weekday VIP Twilight $ 26.40 $ 39,705.60 $ 43,137.60 $ 45,064.80 $ 47,810.40 18 Weekday Resident Adult $ 46.00 $ 89,240.00 $ 96,968.00 $ 101,292.00 $ 107,456.00 18 Weekday Resident Senior $ 36.00 $ 79,092.00 $ 85,932.00 $ 89,748.00 $ 95,220.00 18 Weekday Resident Junior $ 36.00 $ 5,004.00 $ 5,436.00 $ 5,652.00 $ 6,012.00 18 Weekday Resident Twilight $ 23.00 $ 32,039.00 $ 34,799.00 $ 36,363.00 $ 38,571.00 18 Miscellaneous Comp Employee $ - $ - $ - $ - $ - 18 Miscellaneous Comp Miscellaneous $ - $ - $ - $ - $ - 18 Miscellaneous Miscellaneous High School $ 36.00 $ 5,760.00 $ 6,264.00 $ 6,516.00 $ 6,912.00 18 Miscellaneous Miscellaneous Outing $ 70.00 $ 234,360.00 $ 254,730.00 $ 266,000.00 $ 282,240.00 9 Weekend Non-Res Adult $ 35.00 $ 216,895.00 $ 235,690.00 $ 246,155.00 $ 261,170.00 9 Weekend Non-Res Twilight $ 17.50 $ 3,465.00 $ 3,762.50 $ 3,937.50 $ 4,182.50 9 Weekend VIP Adult $ 28.00 $ 74,144.00 $ 80,584.00 $ 84,168.00 $ 89,292.00 9 Weekend VIP Twilight $ 14.00 $ 182.00 $ 196.00 $ 210.00 $ 224.00 9 Weekend Resident Adult $ 26.00 $ 68,354.00 $ 74,282.00 $ 77,558.00 $ 82,290.00 9 Weekend Resident Twilight $ 13.00 $ 988.00 $ 1,079.00 $ 1,118.00 $ 1,196.00 9 Weekday Non-Res Adult $ 27.00 $ 166,509.00 $ 180,954.00 $ 189,000.00 $ 200,529.00 9 Weekday Non-Res Senior $ 22.00 $ 54,824.00 $ 59,576.00 $ 62,216.00 $ 66,000.00 9 Weekday Non-Res Junior $ 22.00 $ 13,200.00 $ 14,344.00 $ 14,982.00 $ 15,884.00 9 Weekday Non-Res Twilight $ 13.50 $ 11,502.00 $ 12,501.00 $ 13,054.50 $ 13,851.00 9 Weekday VIP Adult $ 21.60 $ 46,332.00 $ 50,349.60 $ 52,596.00 $ 55,792.80 9 Weekday VIP Senior $ 17.60 $ 71,174.40 $ 77,352.00 $ 80,784.00 $ 85,712.00 9 Weekday VIP Junior $ 17.60 $ 352.00 $ 387.20 $ 404.80 $ 440.00 9 Weekday VIP Twilight $ 10.80 $ 842.40 $ 918.00 $ 950.40 $ 1,015.20 9 Weekday Resident Adult $ 21.00 $ 55,734.00 $ 60,564.00 $ 63,252.00 $ 67,116.00 9 Weekday Resident Senior $ 17.00 $ 62,526.00 $ 67,949.00 $ 70,958.00 $ 75,293.00 9 Weekday Resident Junior $ 17.00 $ 10,710.00 $ 11,628.00 $ 12,155.00 $ 12,886.00 9 Weekday Resident Twilight $ 10.50 $ 4,147.50 $ 4,515.00 $ 4,714.50 $ 4,998.00 9 Miscellaneous Comp Employee $ - $ - $ - $ - $ - 9 Miscellaneous Comp Miscellaneous $ - $ - $ - $ - $ - 9 Miscellaneous Miscellaneous High School $ 17.00 $ 11,509.00 $ 12,512.00 $ 13,056.00 $ 13,855.00 9 Miscellaneous Miscellaneous Outing $ 35.00 $ 14,385.00 $ 15,645.00 $ 16,345.00 $ 17,325.00 9 Miscellaneous Miscellaneous Miscellaneous $ 4.50 $ 2,394.00 $ 2,601.00 $ 2,713.50 $ 2,880.00 Total $ 2,692,961.50 $ 2,926,416.10 $ 3,056,243.80 $ 3,242,728.70 5YA Rainchecks Issued $ (40,475.38) $ (40,475.38) $ (40,475.38) $ (40,475.38) Total GF Revenue Including Rainchecks and Off-Season Discounting $ 2,585,162.08 $ 2,812,780.32 $ 2,939,362.33 $ 3,121,185.10 Page 42 of 49  Rate Model B Worst B Average B Target B Best B 18 Weekend Non-Res Adult $ 79.00 $ 274,446.00 $ 298,225.00 $ 311,418.00 $ 330,457.00 18 Weekend Non-Res Twilight $ 39.50 $ 53,009.00 $ 57,591.00 $ 60,158.50 $ 63,792.50 18 Weekend VIP Adult $ 63.20 $ 77,609.60 $ 84,308.80 $ 88,037.60 $ 93,409.60 18 Weekend VIP Twilight $ 31.60 $ 6,383.20 $ 6,920.40 $ 7,236.40 $ 7,678.80 18 Weekend Resident Adult $ 59.25 $ 291,924.75 $ 317,224.50 $ 331,326.00 $ 351,530.25 18 Weekend Resident Twilight $ 29.63 $ 11,850.00 $ 12,886.88 $ 13,449.75 $ 14,279.25 18 Weekday Non-Res Adult $ 67.00 $ 310,277.00 $ 337,211.00 $ 352,152.00 $ 373,659.00 18 Weekday Non-Res Senior $ 53.60 $ 156,780.00 $ 170,340.80 $ 177,898.40 $ 188,779.20 18 Weekday Non-Res Junior $ 53.60 $ 9,004.80 $ 9,808.80 $ 10,237.60 $ 10,880.80 18 Weekday Non-Res Twilight $ 33.50 $ 47,201.50 $ 51,322.00 $ 53,600.00 $ 56,849.50 18 Weekday VIP Adult $ 53.60 $ 38,056.00 $ 41,325.60 $ 43,201.60 $ 45,828.00 18 Weekday VIP Senior $ 42.88 $ 89,104.64 $ 96,823.04 $ 101,111.04 $ 107,285.76 18 Weekday VIP Junior $ 42.88 $ 128.64 $ 128.64 $ 128.64 $ 171.52 18 Weekday VIP Twilight $ 26.80 $ 40,307.20 $ 43,791.20 $ 45,747.60 $ 48,534.80 18 Weekday Resident Adult $ 50.25 $ 97,485.00 $ 105,927.00 $ 110,650.50 $ 117,384.00 18 Weekday Resident Senior $ 40.20 $ 88,319.40 $ 95,957.40 $ 100,218.60 $ 106,329.00 18 Weekday Resident Junior $ 40.20 $ 5,587.80 $ 6,070.20 $ 6,311.40 $ 6,713.40 18 Weekday Resident Twilight $ 25.13 $ 34,999.13 $ 38,014.13 $ 39,722.63 $ 42,134.63 18 Miscellaneous Comp Employee $ - $ - $ - $ - $ - 18 Miscellaneous Comp Miscellaneous $ - $ - $ - $ - $ - 18 Miscellaneous Miscellaneous High School $ 40.20 $ 6,432.00 $ 6,994.80 $ 7,276.20 $ 7,718.40 18 Miscellaneous Miscellaneous Outing $ 70.00 $ 234,360.00 $ 254,730.00 $ 266,000.00 $ 282,240.00 9 Weekend Non-Res Adult $ 36.00 $ 223,092.00 $ 242,424.00 $ 253,188.00 $ 268,632.00 9 Weekend Non-Res Twilight $ 18.00 $ 3,564.00 $ 3,870.00 $ 4,050.00 $ 4,302.00 9 Weekend VIP Adult $ 28.80 $ 76,262.40 $ 82,886.40 $ 86,572.80 $ 91,843.20 9 Weekend VIP Twilight $ 14.40 $ 187.20 $ 201.60 $ 216.00 $ 230.40 9 Weekend Resident Adult $ 27.00 $ 70,983.00 $ 77,139.00 $ 80,541.00 $ 85,455.00 9 Weekend Resident Twilight $ 13.50 $ 1,026.00 $ 1,120.50 $ 1,161.00 $ 1,242.00 9 Weekday Non-Res Adult $ 28.00 $ 172,676.00 $ 187,656.00 $ 196,000.00 $ 207,956.00 9 Weekday Non-Res Senior $ 22.40 $ 55,820.80 $ 60,659.20 $ 63,347.20 $ 67,200.00 9 Weekday Non-Res Junior $ 22.40 $ 13,440.00 $ 14,604.80 $ 15,254.40 $ 16,172.80 9 Weekday Non-Res Twilight $ 14.00 $ 11,928.00 $ 12,964.00 $ 13,538.00 $ 14,364.00 9 Weekday VIP Adult $ 22.40 $ 48,048.00 $ 52,214.40 $ 54,544.00 $ 57,859.20 9 Weekday VIP Senior $ 17.92 $ 72,468.48 $ 78,758.40 $ 82,252.80 $ 87,270.40 9 Weekday VIP Junior $ 17.92 $ 358.40 $ 394.24 $ 412.16 $ 448.00 9 Weekday VIP Twilight $ 11.20 $ 873.60 $ 952.00 $ 985.60 $ 1,052.80 9 Weekday Resident Adult $ 21.00 $ 55,734.00 $ 60,564.00 $ 63,252.00 $ 67,116.00 9 Weekday Resident Senior $ 16.80 $ 61,790.40 $ 67,149.60 $ 70,123.20 $ 74,407.20 9 Weekday Resident Junior $ 16.80 $ 10,584.00 $ 11,491.20 $ 12,012.00 $ 12,734.40 9 Weekday Resident Twilight $ 10.50 $ 4,147.50 $ 4,515.00 $ 4,714.50 $ 4,998.00 9 Miscellaneous Comp Employee $ - $ - $ - $ - $ - 9 Miscellaneous Comp Miscellaneous $ - $ - $ - $ - $ - 9 Miscellaneous Miscellaneous High School $ 16.80 $ 11,373.60 $ 12,364.80 $ 12,902.40 $ 13,692.00 9 Miscellaneous Miscellaneous Outing $ 35.00 $ 14,385.00 $ 15,645.00 $ 16,345.00 $ 17,325.00 9 Miscellaneous Miscellaneous Miscellaneous $ 4.50 $ 2,394.00 $ 2,601.00 $ 2,713.50 $ 2,880.00 Total $ 2,784,402.04 $ 3,025,776.32 $ 3,160,008.02 $ 3,352,835.81 5YA Rainchecks Issued $ (40,475.38) $ (40,475.38) $ (40,475.38) $ (40,475.38) Total GF Revenue Including Rainchecks and Off-Season Discounting $ 2,674,316.60 $ 2,909,656.53 $ 3,040,532.43 $ 3,228,539.53 Page 43 of 49  Rate Model C Worst C Average C Target C Best C 18 Weekend Non-Res Adult $ 80.00 $ 277,920.00 $ 302,000.00 $ 315,360.00 $ 334,640.00 18 Weekend Non-Res Twilight $ 40.00 $ 53,680.00 $ 58,320.00 $ 60,920.00 $ 64,600.00 18 Weekend VIP Adult $ 64.00 $ 78,592.00 $ 85,376.00 $ 89,152.00 $ 94,592.00 18 Weekend VIP Twilight $ 32.00 $ 6,464.00 $ 7,008.00 $ 7,328.00 $ 7,776.00 18 Weekend Resident Adult $ 60.00 $ 295,620.00 $ 321,240.00 $ 335,520.00 $ 355,980.00 18 Weekend Resident Twilight $ 30.00 $ 12,000.00 $ 13,050.00 $ 13,620.00 $ 14,460.00 18 Weekday Non-Res Adult $ 67.00 $ 310,277.00 $ 337,211.00 $ 352,152.00 $ 373,659.00 18 Weekday Non-Res Senior $ 53.60 $ 156,780.00 $ 170,340.80 $ 177,898.40 $ 188,779.20 18 Weekday Non-Res Junior $ 53.60 $ 9,004.80 $ 9,808.80 $ 10,237.60 $ 10,880.80 18 Weekday Non-Res Twilight $ 33.50 $ 47,201.50 $ 51,322.00 $ 53,600.00 $ 56,849.50 18 Weekday VIP Adult $ 53.60 $ 38,056.00 $ 41,325.60 $ 43,201.60 $ 45,828.00 18 Weekday VIP Senior $ 42.88 $ 89,104.64 $ 96,823.04 $ 101,111.04 $ 107,285.76 18 Weekday VIP Junior $ 42.88 $ 128.64 $ 128.64 $ 128.64 $ 171.52 18 Weekday VIP Twilight $ 26.80 $ 40,307.20 $ 43,791.20 $ 45,747.60 $ 48,534.80 18 Weekday Resident Adult $ 50.25 $ 97,485.00 $ 105,927.00 $ 110,650.50 $ 117,384.00 18 Weekday Resident Senior $ 40.20 $ 88,319.40 $ 95,957.40 $ 100,218.60 $ 106,329.00 18 Weekday Resident Junior $ 40.20 $ 5,587.80 $ 6,070.20 $ 6,311.40 $ 6,713.40 18 Weekday Resident Twilight $ 25.13 $ 34,999.13 $ 38,014.13 $ 39,722.63 $ 42,134.63 18 Miscellaneous Comp Employee $ - $ - $ - $ - $ - 18 Miscellaneous Comp Miscellaneous $ - $ - $ - $ - $ - 18 Miscellaneous Miscellaneous High School $ 40.20 $ 6,432.00 $ 6,994.80 $ 7,276.20 $ 7,718.40 18 Miscellaneous Miscellaneous Outing $ 70.00 $ 234,360.00 $ 254,730.00 $ 266,000.00 $ 282,240.00 9 Weekend Non-Res Adult $ 37.00 $ 229,289.00 $ 249,158.00 $ 260,221.00 $ 276,094.00 9 Weekend Non-Res Twilight $ 18.50 $ 3,663.00 $ 3,977.50 $ 4,162.50 $ 4,421.50 9 Weekend VIP Adult $ 29.60 $ 78,380.80 $ 85,188.80 $ 88,977.60 $ 94,394.40 9 Weekend VIP Twilight $ 14.80 $ 192.40 $ 207.20 $ 222.00 $ 236.80 9 Weekend Resident Adult $ 27.75 $ 72,954.75 $ 79,281.75 $ 82,778.25 $ 87,828.75 9 Weekend Resident Twilight $ 13.88 $ 1,054.50 $ 1,151.63 $ 1,193.25 $ 1,276.50 9 Weekday Non-Res Adult $ 28.00 $ 172,676.00 $ 187,656.00 $ 196,000.00 $ 207,956.00 9 Weekday Non-Res Senior $ 22.40 $ 55,820.80 $ 60,659.20 $ 63,347.20 $ 67,200.00 9 Weekday Non-Res Junior $ 22.40 $ 13,440.00 $ 14,604.80 $ 15,254.40 $ 16,172.80 9 Weekday Non-Res Twilight $ 14.00 $ 11,928.00 $ 12,964.00 $ 13,538.00 $ 14,364.00 9 Weekday VIP Adult $ 22.40 $ 48,048.00 $ 52,214.40 $ 54,544.00 $ 57,859.20 9 Weekday VIP Senior $ 17.92 $ 72,468.48 $ 78,758.40 $ 82,252.80 $ 87,270.40 9 Weekday VIP Junior $ 17.92 $ 358.40 $ 394.24 $ 412.16 $ 448.00 9 Weekday VIP Twilight $ 11.20 $ 873.60 $ 952.00 $ 985.60 $ 1,052.80 9 Weekday Resident Adult $ 21.00 $ 55,734.00 $ 60,564.00 $ 63,252.00 $ 67,116.00 9 Weekday Resident Senior $ 16.80 $ 61,790.40 $ 67,149.60 $ 70,123.20 $ 74,407.20 9 Weekday Resident Junior $ 16.80 $ 10,584.00 $ 11,491.20 $ 12,012.00 $ 12,734.40 9 Weekday Resident Twilight $ 10.50 $ 4,147.50 $ 4,515.00 $ 4,714.50 $ 4,998.00 9 Miscellaneous Comp Employee $ - $ - $ - $ - $ - 9 Miscellaneous Comp Miscellaneous $ - $ - $ - $ - $ - 9 Miscellaneous Miscellaneous High School $ 16.80 $ 11,373.60 $ 12,364.80 $ 12,902.40 $ 13,692.00 9 Miscellaneous Miscellaneous Outing $ 35.00 $ 14,385.00 $ 15,645.00 $ 16,345.00 $ 17,325.00 9 Miscellaneous Miscellaneous Miscellaneous $ 4.50 $ 2,394.00 $ 2,601.00 $ 2,713.50 $ 2,880.00 Total $ 2,803,875.34 $ 3,046,937.12 $ 3,182,107.57 $ 3,376,283.76 5YA Rainchecks Issued $ (40,475.38) $ (40,475.38) $ (40,475.38) $ (40,475.38) Total GF Revenue Including Rainchecks and Off-Season Discounting $ 2,693,303.07 $ 2,930,288.31 $ 3,062,079.50 $ 3,251,401.28 Page 44 of 49  Rate Model D Worst D Average D Target D Best D 18 Weekend Non-Res Adult $ 78.00 $ 270,972.00 $ 294,450.00 $ 307,476.00 $ 326,274.00 18 Weekend Non-Res Twilight $ 39.00 $ 52,338.00 $ 56,862.00 $ 59,397.00 $ 62,985.00 18 Weekend VIP Adult $ 62.40 $ 76,627.20 $ 83,241.60 $ 86,923.20 $ 92,227.20 18 Weekend VIP Twilight $ 31.20 $ 6,302.40 $ 6,832.80 $ 7,144.80 $ 7,581.60 18 Weekend Resident Adult $ 58.50 $ 288,229.50 $ 313,209.00 $ 327,132.00 $ 347,080.50 18 Weekend Resident Twilight $ 29.25 $ 11,700.00 $ 12,723.75 $ 13,279.50 $ 14,098.50 18 Weekday Non-Res Adult $ 66.00 $ 305,646.00 $ 332,178.00 $ 346,896.00 $ 368,082.00 18 Weekday Non-Res Senior $ 52.80 $ 154,440.00 $ 167,798.40 $ 175,243.20 $ 185,961.60 18 Weekday Non-Res Junior $ 52.80 $ 8,870.40 $ 9,662.40 $ 10,084.80 $ 10,718.40 18 Weekday Non-Res Twilight $ 33.00 $ 46,497.00 $ 50,556.00 $ 52,800.00 $ 56,001.00 18 Weekday VIP Adult $ 52.80 $ 37,488.00 $ 40,708.80 $ 42,556.80 $ 45,144.00 18 Weekday VIP Senior $ 42.24 $ 87,774.72 $ 95,377.92 $ 99,601.92 $ 105,684.48 18 Weekday VIP Junior $ 42.24 $ 126.72 $ 126.72 $ 126.72 $ 168.96 18 Weekday VIP Twilight $ 26.40 $ 39,705.60 $ 43,137.60 $ 45,064.80 $ 47,810.40 18 Weekday Resident Adult $ 49.50 $ 96,030.00 $ 104,346.00 $ 108,999.00 $ 115,632.00 18 Weekday Resident Senior $ 39.60 $ 87,001.20 $ 94,525.20 $ 98,722.80 $ 104,742.00 18 Weekday Resident Junior $ 39.60 $ 5,504.40 $ 5,979.60 $ 6,217.20 $ 6,613.20 18 Weekday Resident Twilight $ 24.75 $ 34,476.75 $ 37,446.75 $ 39,129.75 $ 41,505.75 18 Miscellaneous Comp Employee $ - $ - $ - $ - $ - 18 Miscellaneous Comp Miscellaneous $ - $ - $ - $ - $ - 18 Miscellaneous Miscellaneous High School $ 39.60 $ 6,336.00 $ 6,890.40 $ 7,167.60 $ 7,603.20 18 Miscellaneous Miscellaneous Outing $ 70.00 $ 234,360.00 $ 254,730.00 $ 266,000.00 $ 282,240.00 9 Weekend Non-Res Adult $ 35.00 $ 216,895.00 $ 235,690.00 $ 246,155.00 $ 261,170.00 9 Weekend Non-Res Twilight $ 17.50 $ 3,465.00 $ 3,762.50 $ 3,937.50 $ 4,182.50 9 Weekend VIP Adult $ 28.00 $ 74,144.00 $ 80,584.00 $ 84,168.00 $ 89,292.00 9 Weekend VIP Twilight $ 14.00 $ 182.00 $ 196.00 $ 210.00 $ 224.00 9 Weekend Resident Adult $ 26.25 $ 69,011.25 $ 74,996.25 $ 78,303.75 $ 83,081.25 9 Weekend Resident Twilight $ 13.13 $ 997.50 $ 1,089.38 $ 1,128.75 $ 1,207.50 9 Weekday Non-Res Adult $ 27.00 $ 166,509.00 $ 180,954.00 $ 189,000.00 $ 200,529.00 9 Weekday Non-Res Senior $ 21.60 $ 53,827.20 $ 58,492.80 $ 61,084.80 $ 64,800.00 9 Weekday Non-Res Junior $ 21.60 $ 12,960.00 $ 14,083.20 $ 14,709.60 $ 15,595.20 9 Weekday Non-Res Twilight $ 13.50 $ 11,502.00 $ 12,501.00 $ 13,054.50 $ 13,851.00 9 Weekday VIP Adult $ 21.60 $ 46,332.00 $ 50,349.60 $ 52,596.00 $ 55,792.80 9 Weekday VIP Senior $ 17.28 $ 69,880.32 $ 75,945.60 $ 79,315.20 $ 84,153.60 9 Weekday VIP Junior $ 17.28 $ 345.60 $ 380.16 $ 397.44 $ 432.00 9 Weekday VIP Twilight $ 10.80 $ 842.40 $ 918.00 $ 950.40 $ 1,015.20 9 Weekday Resident Adult $ 20.25 $ 53,743.50 $ 58,401.00 $ 60,993.00 $ 64,719.00 9 Weekday Resident Senior $ 16.20 $ 59,583.60 $ 64,751.40 $ 67,618.80 $ 71,749.80 9 Weekday Resident Junior $ 16.20 $ 10,206.00 $ 11,080.80 $ 11,583.00 $ 12,279.60 9 Weekday Resident Twilight $ 10.13 $ 3,999.38 $ 4,353.75 $ 4,546.13 $ 4,819.50 9 Miscellaneous Comp Employee $ - $ - $ - $ - $ - 9 Miscellaneous Comp Miscellaneous $ - $ - $ - $ - $ - 9 Miscellaneous Miscellaneous High School $ 16.20 $ 10,967.40 $ 11,923.20 $ 12,441.60 $ 13,203.00 9 Miscellaneous Miscellaneous Outing $ 35.00 $ 14,385.00 $ 15,645.00 $ 16,345.00 $ 17,325.00 9 Miscellaneous Miscellaneous Miscellaneous $ 4.50 $ 2,394.00 $ 2,601.00 $ 2,713.50 $ 2,880.00 Total $ 2,732,598.04 $ 2,969,481.58 $ 3,101,215.06 $ 3,290,455.74 5YA Rainchecks Issued $ (40,475.38) $ (40,475.38) $ (40,475.38) $ (40,475.38) Total GF Revenue Including Rainchecks and Off-Season Discounting $ 2,623,807.70 $ 2,854,769.16 $ 2,983,209.30 $ 3,167,718.97 Page 45 of 49 Appendix C – User Fee Schedule – Model A 2026 VILLAGE LINKS USER FEES FEE SCHEDULE WORKSHEET - MODEL A 18 HOLE GREEN FEES MISCELLANEOUS FEES WEEKENDS 2025 2026 % incr. MOTORIZED CARTS 2025 2026 % incr. NR 18 Holes $ 78.00 $ 78.00 0.0% 18 Holes $ 21.00 $ 23.00 9.5% NR 18 Holes Combo $ 74.00 $ 74.00 0.0% 9 Holes $ 12.00 $ 13.00 8.3% VIP 18 Holes $ 62.40 $ 62.40 0.0% Back 9 $ 12.00 $ 13.00 8.3% VIP 18 Holes Combo $ 59.20 $ 59.20 0.0% HAND CARTS R 18 Holes $ 60.00 $ 60.00 0.0% 18 Holes $ 9.00 $ 9.00 0.0% R 18 Holes Combo $ 56.00 $ 56.00 0.0% 9 Holes $ 5.00 $ 5.00 0.0% R 18 Holes Multi Play $ 56.00 $ 56.00 0.0% DRIVING RANGE NR 18 Holes After 3:30 PM $ 39.00 $ 39.00 0.0% Small $ 9.00 $ 9.00 0.0% VIP 18 Holes After 3:30 PM $ 31.20 $ 31.20 0.0% Medium $ 12.00 $ 12.00 0.0% R 18 Holes After 3:30 PM $ 30.00 $ 30.00 0.0% Large $ 15.00 $ 15.00 0.0% WEEKDAYS Jumbo $ 26.00 $ 26.00 0.0% NR 18 Holes $ 66.00 $ 66.00 0.0% 15 Bucket Card $ 165.00 $ 165.00 0.0% NR 18 Holes Senior/Junior $ 45.00 $ 45.00 0.0% LOCKERS VIP 18 Holes $ 52.80 $ 52.80 0.0% Full Season $ 150.00 $ 150.00 0.0% VIP 18 Holes Senior/Junior $ 36.00 $ 36.00 0.0% RESIDENT CARDS R 18 Holes $ 46.00 $ 46.00 0.0% Adult $ 10.00 $ 10.00 0.0% R 18 Holes Multi Play $ 42.00 $ 42.00 0.0% (after March 15) $ 20.00 $ 20.00 0.0% R 18 Holes Senior Junior $ 36.00 $ 36.00 0.0% Junior $ 5.00 $ 5.00 0.0% R 18 Holes Senior Junior Multi Play $ 34.00 $ 34.00 0.0% (after March 15) $ 10.00 $ 10.00 0.0% NR 18 Holes After 3:30 PM $ 33.00 $ 33.00 0.0% MISCELLANEOUS VIP 18 Holes After 3:30 PM $ 26.40 $ 26.40 0.0% PT Registration Fee $ 25.00 $ 25.00 0.0% R 18 Holes After 3:30 PM $ 23.00 $ 23.00 0.0% CLUB RENTAL MISCELLANEOUS 18 Holes $ 50.00 $ 50.00 0.0% School Team 18 $ 36.00 $ 36.00 0.0% 9 Holes $ 30.00 $ 30.00 0.0% 9 HOLE GREEN FEES NOTES WEEKENDS No green fee rate change from 2025 NR 9 Holes $ 35.00 $ 35.00 0.0% Use daily deals to manage price if rounds decline VIP 9 Holes $ 28.00 $ 28.00 0.0% Many courses use dynamic price now R 9 Holes $ 26.00 $ 26.00 0.0% Increase in cart fees due to new carts with NR 9 Holes After 6:30 PM $ 17.50 $ 17.50 0.0% upgraded features VIP 9 Holes After 6:30 PM $ 14.00 $ 14.00 0.0% R 9 Holes After 6:30 PM $ 13.00 $ 13.00 0.0% WEEKDAYS NR 9 Holes $ 27.00 $ 27.00 0.0% NR 9 Holes Senior/Junior $ 22.00 $ 22.00 0.0% VIP 9 Holes $ 21.60 $ 21.60 0.0% VIP 9 Holes Senior/Junior $ 17.60 $ 17.60 0.0% R 9 Holes $ 21.00 $ 21.00 0.0% R 9 Hole Senior/Junior $ 17.00 $ 17.00 0.0% NR 9 Holes After 6:30 PM $ 13.50 $ 13.50 0.0% VIP 9 Holes After 6:30 PM $ 10.80 $ 10.80 0.0% R 9 Holes After 6:30 PM $ 10.50 $ 10.50 0.0% MISCELLANEOUS School Team 9 $ 17.00 $ 17.00 0.0% Page 46 of 49 Appendix D – User Fee Schedule – Model B 2026 VILLAGE LINKS USER FEES FEE SCHEDULE WORKSHEET - MODEL B 18 HOLE GREEN FEES MISCELLANEOUS FEES WEEKENDS 2025 2026 % incr. MOTORIZED CARTS 2025 2026 % incr. NR 18 Holes $ 78.00 $ 79.00 1.3% 18 Holes $ 21.00 $ 23.00 9.5% NR 18 Holes Combo $ 74.00 $ 75.50 2.0% 9 Holes $ 12.00 $ 13.00 8.3% VIP 18 Holes $ 62.40 $ 63.20 1.3% Back 9 $ 12.00 $ 13.00 8.3% VIP 18 Holes Combo $ 59.20 $ 60.40 2.0% HAND CARTS R 18 Holes $ 60.00 $ 59.25 -1.3% 18 Holes $ 9.00 $ 9.00 0.0% R 18 Holes Combo $ 56.00 $ 56.63 1.1% 9 Holes $ 5.00 $ 5.00 0.0% R 18 Holes Multi Play $ 56.00 $ 55.25 -1.3% DRIVING RANGE NR 18 Holes After 3:30 PM $ 39.00 $ 39.50 1.3% Small $ 9.00 $ 9.00 0.0% VIP 18 Holes After 3:30 PM $ 31.20 $ 31.60 1.3% Medium $ 12.00 $ 12.00 0.0% R 18 Holes After 3:30 PM $ 30.00 $ 29.63 -1.3% Large $ 15.00 $ 15.00 0.0% WEEKDAYS Jumbo $ 26.00 $ 26.00 0.0% NR 18 Holes $ 66.00 $ 67.00 1.5% 15 Bucket Card $ 165.00 $ 165.00 0.0% NR 18 Holes Senior/Junior $ 45.00 $ 53.60 19.1% LOCKERS VIP 18 Holes $ 52.80 $ 53.60 1.5% Full Season $ 150.00 $ 150.00 0.0% VIP 18 Holes Senior/Junior $ 36.00 $ 42.88 19.1% RESIDENT CARDS R 18 Holes $ 46.00 $ 50.25 9.2% Adult $ 10.00 $ 10.00 0.0% R 18 Holes Multi Play $ 42.00 $ 46.25 10.1% (after March 15) $ 20.00 $ 20.00 0.0% R 18 Holes Senior Junior $ 36.00 $ 40.20 11.7% Junior $ 5.00 $ 5.00 0.0% R 18 Holes Senior Junior Multi Play $ 34.00 $ 38.20 12.4% (after March 15) $ 10.00 $ 10.00 0.0% NR 18 Holes After 3:30 PM $ 33.00 $ 33.50 1.5% MISCELLANEOUS VIP 18 Holes After 3:30 PM $ 26.40 $ 26.80 1.5% PT Registration Fee $ 25.00 $ 25.00 0.0% R 18 Holes After 3:30 PM $ 23.00 $ 25.13 9.2% CLUB RENTAL MISCELLANEOUS 18 Holes $ 50.00 $ 50.00 0.0% School Team 18 $ 36.00 $ 40.20 11.7% 9 Holes $ 30.00 $ 30.00 0.0% 9 HOLE GREEN FEES NOTES WEEKENDS $1 Rack rate increase across the board NR 9 Holes $ 35.00 $ 36.00 2.9% Use daily deals to manage price if rounds decline VIP 9 Holes $ 28.00 $ 28.80 2.9% Many courses use dynamic price now R 9 Holes $ 26.00 $ 27.00 3.8% Increase in cart fees due to new carts with NR 9 Holes After 6:30 PM $ 17.50 $ 18.00 2.9% upgraded features VIP 9 Holes After 6:30 PM $ 14.00 $ 14.40 2.9% Using new proportional rate system: R 9 Holes After 6:30 PM $ 13.00 $ 13.50 3.8% VIP - 20% off WEEKDAYS Resident - 25% off NR 9 Holes $ 27.00 $ 28.00 3.7% Senior/Junior - 20% off NR 9 Holes Senior/Junior $ 22.00 $ 22.40 1.8% VIP Senior/Junior - 36% off VIP 9 Holes $ 21.60 $ 22.40 3.7% Resident Senior/Junior - 40% off VIP 9 Holes Senior/Junior $ 17.60 $ 17.92 1.8% Multiplay - Reg $4 off, Sr/Jr $2 off R 9 Holes $ 21.00 $ 21.00 0.0% Twilight - 50% off R 9 Hole Senior/Junior $ 17.00 $ 16.80 -1.2% NR 9 Holes After 6:30 PM $ 13.50 $ 14.00 3.7% VIP 9 Holes After 6:30 PM $ 10.80 $ 11.20 3.7% R 9 Holes After 6:30 PM $ 10.50 $ 10.50 0.0% MISCELLANEOUS School Team 9 $ 17.00 $ 16.80 -1.2% Page 47 of 49 Appendix E – User Fee Schedule – Model C 2026 VILLAGE LINKS USER FEES FEE SCHEDULE WORKSHEET - MODEL C 18 HOLE GREEN FEES MISCELLANEOUS FEES WEEKENDS 2025 2026 % incr. MOTORIZED CARTS 2025 2026 % incr. NR 18 Holes $ 78.00 $ 80.00 2.6% 18 Holes $ 21.00 $ 23.00 9.5% NR 18 Holes Combo $ 74.00 $ 77.00 4.1% 9 Holes $ 12.00 $ 13.00 8.3% VIP 18 Holes $ 62.40 $ 64.00 2.6% Back 9 $ 12.00 $ 13.00 8.3% VIP 18 Holes Combo $ 59.20 $ 61.60 4.1% HAND CARTS R 18 Holes $ 60.00 $ 60.00 0.0% 18 Holes $ 9.00 $ 9.00 0.0% R 18 Holes Combo $ 56.00 $ 57.75 3.1% 9 Holes $ 5.00 $ 5.00 0.0% R 18 Holes Multi Play $ 56.00 $ 56.00 0.0% DRIVING RANGE NR 18 Holes After 3:30 PM $ 39.00 $ 40.00 2.6% Small $ 9.00 $ 9.00 0.0% VIP 18 Holes After 3:30 PM $ 31.20 $ 32.00 2.6% Medium $ 12.00 $ 12.00 0.0% R 18 Holes After 3:30 PM $ 30.00 $ 30.00 0.0% Large $ 15.00 $ 15.00 0.0% WEEKDAYS Jumbo $ 26.00 $ 26.00 0.0% NR 18 Holes $ 66.00 $ 67.00 1.5% 15 Bucket Card $ 165.00 $ 165.00 0.0% NR 18 Holes Senior/Junior $ 45.00 $ 53.60 19.1% LOCKERS VIP 18 Holes $ 52.80 $ 53.60 1.5% Full Season $ 150.00 $ 150.00 0.0% VIP 18 Holes Senior/Junior $ 36.00 $ 42.88 19.1% RESIDENT CARDS R 18 Holes $ 46.00 $ 50.25 9.2% Adult $ 10.00 $ 10.00 0.0% R 18 Holes Multi Play $ 42.00 $ 46.25 10.1% (after March 15) $ 20.00 $ 20.00 0.0% R 18 Holes Senior Junior $ 36.00 $ 40.20 11.7% Junior $ 5.00 $ 5.00 0.0% R 18 Holes Senior Junior Multi Play $ 34.00 $ 38.20 12.4% (after March 15) $ 10.00 $ 10.00 0.0% NR 18 Holes After 3:30 PM $ 33.00 $ 33.50 1.5% MISCELLANEOUS VIP 18 Holes After 3:30 PM $ 26.40 $ 26.80 1.5% PT Registration Fee $ 25.00 $ 25.00 0.0% R 18 Holes After 3:30 PM $ 23.00 $ 25.13 9.2% CLUB RENTAL MISCELLANEOUS 18 Holes $ 50.00 $ 50.00 0.0% School Team 18 $ 36.00 $ 40.20 11.7% 9 Holes $ 30.00 $ 30.00 0.0% 9 HOLE GREEN FEES NOTES WEEKENDS $2 Rack rate increase WE, $1 increase WD NR 9 Holes $ 35.00 $ 37.00 5.7% Use daily deals to manage price if rounds decline VIP 9 Holes $ 28.00 $ 29.60 5.7% Many courses use dynamic price now R 9 Holes $ 26.00 $ 27.75 6.7% Increase in cart fees due to new carts with NR 9 Holes After 6:30 PM $ 17.50 $ 18.50 5.7% upgraded features VIP 9 Holes After 6:30 PM $ 14.00 $ 14.80 5.7% Using new proportional rate system: R 9 Holes After 6:30 PM $ 13.00 $ 13.88 6.7% VIP - 20% off WEEKDAYS Resident - 25% off NR 9 Holes $ 27.00 $ 28.00 3.7% Senior/Junior - 20% off NR 9 Holes Senior/Junior $ 22.00 $ 22.40 1.8% VIP Senior/Junior - 36% off VIP 9 Holes $ 21.60 $ 22.40 3.7% Resident Senior/Junior - 40% off VIP 9 Holes Senior/Junior $ 17.60 $ 17.92 1.8% Multiplay - Reg $4 off, Sr/Jr $2 off R 9 Holes $ 21.00 $ 21.00 0.0% Twilight - 50% off R 9 Hole Senior/Junior $ 17.00 $ 16.80 -1.2% NR 9 Holes After 6:30 PM $ 13.50 $ 14.00 3.7% VIP 9 Holes After 6:30 PM $ 10.80 $ 11.20 3.7% R 9 Holes After 6:30 PM $ 10.50 $ 10.50 0.0% MISCELLANEOUS School Team 9 $ 17.00 $ 16.80 -1.2% Page 48 of 49 Appendix F – User Fee Schedule – Model D 2026 VILLAGE LINKS USER FEES FEE SCHEDULE WORKSHEET - MODEL D 18 HOLE GREEN FEES MISCELLANEOUS FEES WEEKENDS 2025 2026 % incr. MOTORIZED CARTS 2025 2026 % incr. NR 18 Holes $ 78.00 $ 78.00 0.0% 18 Holes $ 21.00 $ 23.00 9.5% NR 18 Holes Combo $ 74.00 $ 74.00 0.0% 9 Holes $ 12.00 $ 13.00 8.3% VIP 18 Holes $ 62.40 $ 62.40 0.0% Back 9 $ 12.00 $ 13.00 8.3% VIP 18 Holes Combo $ 59.20 $ 59.20 0.0% HAND CARTS R 18 Holes $ 60.00 $ 58.50 -2.5% 18 Holes $ 9.00 $ 9.00 0.0% R 18 Holes Combo $ 56.00 $ 55.50 -0.9% 9 Holes $ 5.00 $ 5.00 0.0% R 18 Holes Multi Play $ 56.00 $ 54.50 -2.7% DRIVING RANGE NR 18 Holes After 3:30 PM $ 39.00 $ 39.00 0.0% Small $ 9.00 $ 9.00 0.0% VIP 18 Holes After 3:30 PM $ 31.20 $ 31.20 0.0% Medium $ 12.00 $ 12.00 0.0% R 18 Holes After 3:30 PM $ 30.00 $ 29.25 -2.5% Large $ 15.00 $ 15.00 0.0% WEEKDAYS Jumbo $ 26.00 $ 26.00 0.0% NR 18 Holes $ 66.00 $ 66.00 0.0% 15 Bucket Card $ 165.00 $ 165.00 0.0% NR 18 Holes Senior/Junior $ 45.00 $ 52.80 17.3% LOCKERS VIP 18 Holes $ 52.80 $ 52.80 0.0% Full Season $ 150.00 $ 150.00 0.0% VIP 18 Holes Senior/Junior $ 36.00 $ 42.24 17.3% RESIDENT CARDS R 18 Holes $ 46.00 $ 49.50 7.6% Adult $ 10.00 $ 10.00 0.0% R 18 Holes Multi Play $ 42.00 $ 45.50 8.3% (after March 15) $ 20.00 $ 20.00 0.0% R 18 Holes Senior Junior $ 36.00 $ 39.60 10.0% Junior $ 5.00 $ 5.00 0.0% R 18 Holes Senior Junior Multi Play $ 34.00 $ 37.60 10.6% (after March 15) $ 10.00 $ 10.00 0.0% NR 18 Holes After 3:30 PM $ 33.00 $ 33.00 0.0% MISCELLANEOUS VIP 18 Holes After 3:30 PM $ 26.40 $ 26.40 0.0% PT Registration Fee $ 25.00 $ 25.00 0.0% R 18 Holes After 3:30 PM $ 23.00 $ 24.75 7.6% CLUB RENTAL MISCELLANEOUS 18 Holes $ 50.00 $ 50.00 0.0% School Team 18 $ 36.00 $ 39.60 10.0% 9 Holes $ 30.00 $ 30.00 0.0% 9 HOLE GREEN FEES NOTES WEEKENDS No rack rate increase NR 9 Holes $ 35.00 $ 35.00 0.0% Use daily deals to manage price if rounds decline VIP 9 Holes $ 28.00 $ 28.00 0.0% Many courses use dynamic price now R 9 Holes $ 26.00 $ 26.25 1.0% Increase in cart fees due to new carts with NR 9 Holes After 6:30 PM $ 17.50 $ 17.50 0.0% upgraded features VIP 9 Holes After 6:30 PM $ 14.00 $ 14.00 0.0% Using new proportional rate system: R 9 Holes After 6:30 PM $ 13.00 $ 13.13 1.0% VIP - 20% off WEEKDAYS Resident - 25% off NR 9 Holes $ 27.00 $ 27.00 0.0% Senior/Junior - 20% off NR 9 Holes Senior/Junior $ 22.00 $ 21.60 -1.8% VIP Senior/Junior - 36% off VIP 9 Holes $ 21.60 $ 21.60 0.0% Resident Senior/Junior - 40% off VIP 9 Holes Senior/Junior $ 17.60 $ 17.28 -1.8% Multiplay - Reg $4 off, Sr/Jr $2 off R 9 Holes $ 21.00 $ 20.25 -3.6% Twilight - 50% off R 9 Hole Senior/Junior $ 17.00 $ 16.20 -4.7% NR 9 Holes After 6:30 PM $ 13.50 $ 13.50 0.0% VIP 9 Holes After 6:30 PM $ 10.80 $ 10.80 0.0% R 9 Holes After 6:30 PM $ 10.50 $ 10.13 -3.6% MISCELLANEOUS School Team 9 $ 17.00 $ 16.20 -4.7% Page 49 of 49