Drummond: Black Gold Golf Course reporting income for the city

Interesting financial facts for two of Yorba Linda’s municipal facilities – the city-owned Black Gold Golf Club and the city-leased Phillip S. Paxton Equestrian Center – merit attention this week.
First, the 219-acre golf and restaurant facility reported a positive net income of $547,000 on revenues of $6.2 million. After spending $157,000 for improvements, the final net income for the fiscal year ending June 30 was $390,000, above the $294,000 that was anticipated.
However, th