Northern Sports Centre In The Black
By 250 News
Tuesday, June 16, 2009 03:45 AM
Prince George, B.C. - The Northern Sport Centre has racked up some savings over its first full year of operations.
According to the annual report presented to the City of Prince George, the budget for last year expected to spend $327 thousand on utilities, but that bill came in at $194 thousand. The expense for wages and benefits came in at $416 thousand, about $70 thousand more than budgeted, janitorial costs were ten grand higher than estimated.
On the revenue side, the facility made some gains in memberships. It's budget estimated $208 thousand in membership sales, but that number was nearly a hundred thousand higher at $298 thousand.
There were extra dollars brought in through facility rentals as well, with a prediction of $150 thousand in rentals when the actual amount came in at $210 thousand.
The bottom line means the $189 thousand left over will be put towards a special reserve fund that will be used in the future for the replacement of equipment, or building refurbishing.
The budget for the 09/2010 year expects to see $1.18 million dollars in revenue and spending.
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