There have been numerous e-mails floating back and forth over the past couple of months regarding what to do with the money in the TGA fund. To rehash what the TGA fund is and how we have come about gaining a surplus in the fund, let me explain.
Money is added to the TGA fund by the following means:
1. Membership dues.
2. Entry fees (Full participation in TGA events costs $20. Of that money, $10 goes to the overall pot, $5 goes toward skins and $4 towards greenies. The remaining $1.00 is essentially your entry fee into the event.)
3. Carry overs (If a greenie/skin isn't won, that money is added back into the TGA fund)
Money is subtracted from the TGA fund for the following expenses:
1. Handicap software/service. Currently $29.00 per year.
2. $50 bonus paid to major winners in May (TGA Open) & August (TGA Masters) plus $100 paid out at the TGA Players Championship in November (the Saturday winner and the overall winner each get $50.00).
3. The TGA Player of the Year wins a $100 bonus at season's end.
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Reminder: The TGA is no longer paying for the web site: tga-golf.com. Our official site, triadgolf.blogspot.com is being managed free of charge for service and content.
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Essentially, we are paying out $329.00 per year.
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Originally, the goal of collecting memberships/entry fees was to generate revenue to pay for the player of the year trophy (which Dwight refuses to relenquish), individual tourney trophies and to host an end of the year awards ceremony. As interest waned and the novelty of winning a trophy for each event wore off, we decided to do away with trophies (except for the Player of the Year trophy). In addition, the first year or so we couldn't generate interest in a social committee (who was supposed to plan the end of the year ceremony) so we have never actually held an event like this.
Also there was a provision in which in any year that we had more than 3 new members paying a $50.00 bonus would be paid at season's end to the Rookie of the Year (the newcomer with the most points at the end of the season). This season will definetely be a season in which a rookie of the year will be awarded so that's an extra $50.00 that will be paid out this season in addition to the aforementioned pay outs.
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Recently, there has been some interest (and not just from Dwight) from members wondering what we should do with any additional money that is in the TGA fund.
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Please take some time to post your thoughts/feelings/comments about this in the comment section of this blog. It's important that everyone use their real name when they provide their comments so you can be spoken to individually by a TGA official (either myself, Dru or Dwight will contact everyone that posts to this blog to discuss).
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If you know of a TGA member that doesn't normally access the blog please encourage them to read this post and make their opinions known. Whether you've been in the TGA since its inception or you joined last week, your opinion is valued and will be taken into consideration.
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Once I feel everyone has had a chance to speak their peace, I will post my thoughts on the situation and I will be asking Dru & Dwight to individually post their thoughts as well (after everyone else has had a chance to share their thoughts).
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Happy typing!
Wayne
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acutally the payout for the club championship (at the end of the year) is 50.00 for 1st place on saturday, 50.00 for 1st place on sunday and 50.00 for overall combined for both days. total payout on bonus on championship is 150.00. 100.00 for tga champion years end, 50.00 for rookie of year, 50.00 for masters champion, 50.00 open champion (tonmmy already paid) and wayne for software for a total of 429.00 (all together).
ReplyDeleteI think whatever the three officers vote to decide to do is how we should spend or not spend the extra money.
ReplyDeleteWe could increase prise money for majors, use it to lower fees at more expensive courses, or have a social event (cook out).
ReplyDeleteEverything anyone has said is good.From cookouts,aparrel( spellcheck please).My idea of gift cards at pro shops aka free green fees.And also why spend it? All good.My opinion is that there will be many different things on what to do with it if we voted on it.I agree with Lane that maybe our ELECTED officers should make the decision based on what they feel is best for our association.
ReplyDeleteI say we all get in an octagon (Dwight, that would be a ring with 8 sides) and have a Battle Royale. You can bring trash cans, chairs, ladders, tables, baseball bats, etc - last man standing takes home the cash. Too extreme ???
ReplyDeletedid u snap into a slim jim randy
ReplyDeleteNo, not at all! Of course, you would have to make weight in your weight class. I would have to pack on a few pounds to get to Skip! And Dwight could fight my 5 wood!
ReplyDeletehey ace smell my finger i changed shampoo..... i am all for the royal rumble. no one could put me in a hammer lock i will slip right out. plus my elbows are like switch blade knives. i will cut everybody 3 different ways.. long, deep and frequently! oaoaoaoaoaoooooooo
ReplyDeleterandy we will let you bring a gun since we do not have to worry about getting hit with any of your bullets (elmer fud)
ReplyDelete