CHARTING A BRIGHT FUTURE:

BY RYAN BILL GENERAL MANAGER

Woodbridge Golf & Country Club to launch a capital reserve study, ensuring future financial strength

Great news for our community! We've recently approved a comprehensive reserve study, a crucial step toward ensuring the longevity and prosperity of our Woodbridge Golf and Country Club. Let's dive into what this means and how it benefits our Club.

Reserve Studies: The Backbone of Financial Health

A reserve study is essentially a financial roadmap for the Club. It's an in-depth look at our capital assets — think clubhouse, pool, tennis courts, and more — and projects the costs for their upkeep over time. This tool is vital for Woodbridge, as it helps us set aside the right amount of funds for future capital expenses, ensuring we're always ready for what lies ahead.

Why a Reserve Study Matters

1. Financial Readiness: It helps us estimate future costs accurately, leading to a sustainable financial strategy. This way, we're prepared for any major repairs or updates without any hiccups.

2. Boosting Property Value: A well-upkept club with stable finances not only looks good but also positively influences the value of our properties. It's a win-win!

3. Transparent Leadership: This step shows our commitment to managing your contributions wisely, focusing on the Club's long-term wellbeing.

Looking Ahead: The Perks of a Reserve Study

With the reserve study in place, we're set to reap some fantastic benefits:

1. Smart Budgeting: Our financial team will use the insights from the study to craft a budget that's both efficient and effective, ensuring every corner of our club gets the care it deserves.

2. Ahead of the Curve in Maintenance: Knowing what might need fixing in the future allows us to maintain our facilities proactively, saving costs and avoiding unexpected issues.

3. Elevating Your Club Experience: A well-maintained, financially robust club means you get to enjoy your time here to the fullest. This study is a step towards enhancing the Woodbridge experience for everyone.

The approval of this reserve study marks a key moment in our journey.

It's about more than just numbers; it's a promise of a thriving, sustainable future for our Club.

We're excited to continue this journey with your ongoing support, ensuring Woodbridge remains a place of joy and excellence for years to come.