News

Seniors Games finish with $15K surplus

Burnaby organizers of the 2012 BC Seniors Games finished $15,565 in the black.

After a final audit expected in mid-December, half of that amount, or $7,783, will be given to the BC Seniors Games Society to fund future games, with the rest to be put towards seniors amenities in Burnaby, according to a city staff report.

The Games organizers raised more than $547,000 in revenues of which 36 per cent came from registration fees from participants. Sponsorships from corporate and individual donors accounted for 29 per cent of revenue, while the provincial government (through the BC Seniors Games Society) contributed 19 per cent, or $105,000, and the City of Burnaby committed to funding $55,000, or 10 per cent.

A variety of other funding sources, including donations, sales and grants made up the remaining six per cent.

The revenue generated "significantly exceeds" the budget estimate included in the organizing committee's original bid for the Games, the report said. That's due to sponsorship revenue exceeding expectations and the number of participants being more than expected.

Total expenditures for the event were more than $531,000. Of that, 38 per cent was spent on securing venues, including city-owned facilities, Burnaby Mountain and Byrne Creek secondary schools, Burnaby Firefighters Hall and Royal City Curling Club.

Administration of the Games, including office space, temporary office staff and equipment rental, took up 22 per cent of the costs. Other major costs included the gala banquet, sponsor recognition events, signage and printing.

The Games were held Aug. 21 to 26 and drew almost 4,000 participants from across the province who competed in 28 events.

wchow@burnabynewsleader.com

twitter.com/WandaChow

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Fraser Health gets new president
 
Nine seniors flu clinics reinstated
 
B.C. Federation of Labour votes to back transit referendum
Burnaby Mountain protests play out on social media
 
Life on both sides of the protest line settles into routine
 
MP Stewart to introduce Affordable Housing Strategy
Election strategy goes to online tactics
 
Ghomeshi charged with sexual assault
 
ELECTION 2014: Malcolm Brodie won all polls, councillors split

Community Events, November 2014

Add an Event


Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Nov 26 edition online now. Browse the archives.