Blossom festival in 'very sound financial position' - News Summed Up

Blossom festival in 'very sound financial position'


The Alexandra Blossom Festival is in the black for another year, having reported a record operating surplus for the 2018 event. The $25,000 surplus was announced at the Alexandra Blossom Festival's AGM last week. It had put the festival in a "very sound financial position'', following "regular returns'' over the past nine years, festival committee chairwoman Sharleen Stirling-Lindsay said. The festival now has an overall surplus of $130,000. The festival was "now in the space of returning a significant dividend to our community'' and, along with its partners, was seeking support for projects in the Alexandra district, Ms Stirling-Lindsay said.


Source: Otago Daily Times March 11, 2019 15:56 UTC



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