Honey Creek Resort Chipping Away at Deficit

 

Honey Creek Resort State Park

Honey Creek Resort State Park

The Honey Creek Resort State Park in southern Iowa still has a deficit but is chipping away at the problem. The resort on Rathbun Lake near Centerville reported about $6 million in revenues and about $5.8 million in expenses during the fiscal year that ended June 30th.

The state auditor’s office says the resort still had a deficit of about $165,000 because of a deficit from the year before. The resort has struggled financially since it opened in September 2008 but appears to be making progress.

The more than $6 million in operating revenue included $3.3 million from lodging, $1.6 million from restaurant and banquet operations and $666,183 from golf course operations.

Top