These factors make having in-house fleet maintenance a superior choice to privatizing the function. In this way, we will be weaning ourselves from using the interest from bond proceeds to fund vehicle purchases and moving to a self-sustaining program. The Cottonwood Creek Golf Course facility and grounds continues to show steady improvement. We have a beautiful, high-end facility for a municipality of which we can be proud. Operationally, revenues continue to grow.
Advertising is critical to boosting revenues in the coming fiscal year.
However, as stated in the five-year strategic plan, revenues will lag behind expenditures until necessary improvements are made and public confidence is regained. Great strides are being made in both areas and in time the golf course operation will be self-sustaining. We are looking for operational efficiencies with a change in management, and I am confident that our plans provide for such efficiencies. The Cottonwood Creek Golf Course is an important element of our quality of life in Waco. We provide a quality golfing facility at a reasonable cost.