Despite challenges, Rancho Santa Fe Golf Club still in ‘good financial position’
By Karen Billing
The RSF Golf Club has gained 21 new memberships this fiscal year, and possibly a 22nd, which is more than budgeted for and anticipated this year, said RSF Golf Club Manager Al Castro in a June 20 update to the RSF Association board.
Castro said while it is great the Golf Club is gaining new members it is also losing members faster than new members are coming in, a struggle of many area clubs.
“It’s a challenge,” Castro said. “We know we have quite a bit of work to do.”
Castro said at the end of the month they expect to have 509 total memberships and noted most clubs struggle to keep above 300 to 400.
“We’re still in a very good financial position for a club of this size and we’re enthusiastic about keeping the membership excited about the club,” Castro said.
The RSF Golf Club will have a 6 percent increase in dues starting July 1, bringing annual dues from $7,400 to $7,844. There has also been a slight six to 10 percent increase in rounds of golf costs for limited memberships (depending on category of membership). The $50,000 enrollment fee will remain the same.
“It is still a substantial bargain compared to other clubs,” Castro said.
Castro said the club saw a decrease in its unescorted guest fees and they are working with The Inn at Rancho Santa Fe to increase play by visitors.
Continuing its efforts to get more community involvement at the club, it will be hosting a summer concert series. The first of three concerts in the series took place last weekend. The next concerts will be held on July 27 and Aug. 31 from 5-8 p.m. Tickets are $20 for adults and $10 for children. Food and drink specials will be available for purchase. For reservations, call (858) 756-1182.