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December 17, 2005

Quadruple Bogey

The Chattanooga Times Free Press has an interesting story today about the state of Tennessee's government-owned unprofitable golf courses, following up on a recently released Tennessee Center for Policy Research study that found that six of the eight state-owned courses are losing money even though state law requires the Department of Environment and Conversation to operate them at a break-even or profitable level. In all, the state lost more than $436,000 on the golf courses last fiscal year. (I mentioned the TCPR study here.)

Now we learn that the problem is about to get a lot worse. That's because the state assumed control of four more golf courses, the Bear Trace courses designed by Jack Nicklaus, on Dec. 1. The four Bear Trace courses previously were managed by Redstone Golf Management, a Houston company, which lost $3.7 million on them in 2004.


Comments

Public golf courses seemed to appear out of country club envy. They eat up a lot of land and subsidies but seem to me to be declining in popularity in the video-game age. What are we going to do with these things to keep them self-supporting?

Posted by: Wintermute at December 17, 2005 2:43 PM

The problem with the state courses is that they are located away from population centers and do not have a good reputation. The reputation part is unfounded. While not in the class of the Robert Trent Jones Alabama courses, they are quite good for government courses.

Location and awareness are the problems. Even the ones near population have problems. The one in Memphis has a spectacular view of the refinery but is quite a challenge to us with directional disabilities in our swing.

The Bear Trace courses also suffered from location problems.

Posted by: John at December 19, 2005 8:46 AM
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