Monday, 22 March 2010

Corps Finances

We continue to monitor the Corps Finances closely. It has not been a good period for us financially, and we are continuing to cut costs wherever we can. You will notice, for example, that the Coke Machine will leave the foyer this week. That won't save us heaps of money (only on electricity), but every little bit helps. If you would like to buy a soft drink after it goes, speak to Mark or the youth team - they are selling cans cheaper, anyway.

We are looking to also increase income. Next week when I speak to the Division and we formulate our budgets for the 2010-2011 year, part of the discussions will include renegotiating the cost sharing deals with Community Services, perhaps refinancing our building loan, drawing down on our investments and looking at grants for our building maintenance and programs.

I will keep everyone posted on how we resolve these issues.

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