Case $3$

You have just been hired by a community park district as a consultant to assist in making a decision about the local $($park district run$)$ golf course. The park district is running a large deficit $($approximately $$40,000).$ The golf course has lost money over the past few years $($last year it lost approximately $$2,500).$ The park district offers no services at the golf course; it just maintains the grounds and the restroom. There is no pro shop, and the club house simply takes the green fees $($$$8\mathrm{.}00).$ A real estate developer has made an offer of $$250,000$ for the land the golf course sits on$.$

What advice would you give to the park district?

What other information would you want before deciding to recommend selling the land to the real estate developer?

What are some possible solutions you could offer to make the golf course more profitable?