People in developing countries are using their phones to bank. Mobile banking projects seem to be helping solve real problems of poverty.
City of Phoenix golf courses face budget deficit
The city’s golf program is designed to be self-sustaining. But a new report from
Over the last 20 years, there’s been a 40 percent increase in the number of golf courses around the Valley. But supply of golf courses well exceeds demand. Nationwide, the number of golfers has dropped over the last decade, and the recession took its toll as well.
Phoenix Golf’s current budget deficit sits at nearly $15 million dollars -- $2.5 million of that from the 2011-2012 fiscal year alone. The study of the golf program proposes a few different options, including turning some city courses into parks, outsourcing maintenance, and seasonal or permanent closures.
The city has planned five public meetings to present information from the report and take public comments and questions. Click here for more information.
Updated 9-5-12 10:45 a.m.