WHITTLESEA Council will consider future options for the Growling Frog Golf Course as it it is losing almost $1.5 million a year to run it.
City transport and presentation director Nick Mann said in an email that the council was undertaking a details assessment of all aspects of the course.
“This assessment is weighing up the cost to council of running the course, against the community benefit derived from the course,” Mr Mann said.
“A range range of options will be presented in early September for councillor’s consideration.”
Midyear budget documentation for 2016-17, seen by Whittlesea Leaders, forecast the golf course will lose $676,604 in operating cost alone. On top of that, the council will pay a further 653,000 in interest on annual loan repayments.
The council borrowed $11.7 million in 2001 to purchase and construct the golf course.
Click here to read full story