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ParBoiler Vault Tax The ParBoiler Golf Club operates on a minimal
budget. A significant benefit of
ParBoiler life is that very little of your event entry fee is pilfered by the
club. Yearly dues are typically $55
per member of which $30 is directed to the Southern CA Golf Association to
cover SCGA annual membership. A
one-time $50 pre-booking fee is collected when a new member joins the
club. This $50 fee is used to pay course
deposits and prepay events. In the
“Pre-Booking Fund” the ParBoiler Golf Club has $50 for each active member
minus outstanding deposits and pre-paid events. Where does the money go? ·
Five officers receive complimentary ParBoiler
annual membership ·
Five officers are compensated the tournament fee
for the last scheduled ParBoiler event of the calendar year. ·
News-letter materials and postage ·
ParBoiler Open Raffle Prizes ·
Event Tournament purses are subsidized to meet
minimum purse requirement ·
ParBoiler Club Champion entry fee into SCGA
Tournament of Club Champions ·
ParBoiler Open Low-Gross Champion - one year
complimentary ParBoiler annual membership ·
ParBoiler Player of the Year - one year complimentary ParBoiler annual
membership ·
Trophies, ParBoiler Open Individual awards ·
A few token appreciation awards voted in each year
by the officers Where does the money come from? ·
Annual Dues ·
Skins are rounded down to the nearest 5.00
(ParBoiler GC gets the residual) ·
ParBoiler Vault Tax* * ParBoiler Vault Tax. The ParBoiler Vault Tax is a front-loaded charge for
points held by the ParBoiler Golf Club because the member was not present to
collect. ParBoiler Vault Tax is calculated using simple ParBoiler
math. ·
25.00 Closest to Pin 25.00
* 10% = 3.00
Vault Tax ·
25.00 Low Putts (2 winners) 25.00
/ 2 = 12.00 1.00 residual to ParBoiler GC 12.00 *
10% = 2.00
Vault Tax ·
175.00 Skin 175.00 *
10% = 18.00 Vault Tax ·
If
you are a multiple winner, each event is taxed individually 50.00 1st Place in Flight 5.00 tax 25.00 Closest to Pin 3.00
tax 65.00 Net Skin 7.00
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