Congratulations Ipswich Club.
The Ipswich club has taken the initiative to help off-set the ever increasing costs of training Greyhounds.
Effective 1st January 2005, for a trial period of 6 months, the Club will be paying $10.00 to all unplaced runners…The unplaced money will be distributed by the club immediately after the race.
The overall cost to the club to fund the unplaced prizemoney for the 6 month trial period will be $20,800….normal prizemoney will not be reduced.
It will be interesting to see if any of the other clubs can follow the “leader” when it comes to this important issue….
Albion Park .
This association would like to wish the current Albion Park General Manager,
Mr. Alan Hendersen all the best in his upcoming retirement.
It is however disappointing to read the recent article in the Courier Mail that one of the candidates for the position of General manager at Albion Park “does not meet the necessary qualifications” required for the position…this person is currently the General Manager of The Meadows club….one would have thought that her proven Management Qualifications would be an asset to a Club making substantial yearly losses..
Common Sense Prevails
The GRA is to be congratulated on their common sense approach to the recent fiasco regarding the emptying out of dogs at Albion Park.
Following an approach from the QGBOTA, the GRA agreed that it was not in the best interests of the Greyhounds and their handlers to have to empty out in a confined area.
Thank you GRA.
Financials.
The Clubs have been having their Annual General Meetings over the last month and reporting their financial position to the members of those clubs…
A summary of the financial reports of some of the clubs are set out below….
Brisbane Club
|
2004 Year
|
2005 Year
|
Change %
|
Change $
|
GRA Allocation
|
3,985,040
|
4,465,837
|
Plus 12%
|
Increase $480,797 ***
|
Other income
|
747,485
|
773,850
|
Plus 3%
|
Increase $26,365
|
Total Income
|
4,732,525
|
5,239,687
|
Plus 10%
|
Increase $507,162
|
Prizemoney
|
3,839,643
|
4,124,991
|
Plus 7%
|
Increase $285,348 ***
|
Other Expenses
|
1.441,910
|
1,456,984
|
Plus 1%
|
Increase $15,074
|
Total Expenses
|
5,281.553
|
5,581,975
|
Plus 5%
|
Increase $300,422
|
LOSS
|
549,028
|
342,288
|
Minus 37%
|
Decrease $206,740
|
***The increase in GRA Allocation is not reflected in Prizemoney increases.
Bundaberg
|
2004 Year
|
2005 Year
|
Change %
|
Change $
|
GRA Allocation
|
196,275
|
198,555
|
Plus 1%
|
Increase $2,280
|
Other income
|
384,735
|
328,448
|
Minus 14%
|
Decrease $56,287
|
Total Income
|
581,010
|
527,003
|
Minus 9%
|
Decrease $54,007
|
Prizemoney
|
115,520
|
132,445
|
Plus 14%
|
Increase $16,925
|
Other Expenses
|
453,636
|
394,553
|
Minus 13%
|
Decrease $59,083
|
Total Expenses
|
569,156
|
526,998
|
Minus 7%
|
Decrease $42,158
|
PROFIT
|
11,854
|
5
|
Minus 99%
|
Decrease $11,849
|
Gold Coast
|
2004 Year
|
2005 Year
|
Change %
|
Change $
|
GRA Allocation
|
1,315,405
|
1,502,505
|
Plus 14%
|
Increase $187,100 ***
|
Other income
|
331,736
|
262,295
|
Minus 20%
|
Decrease $69,441
|
Total Income
|
1,647,141
|
1,764,800
|
Plus 7%
|
Increase $117,659
|
Prizemoney
|
987,670
|
1,145,820
|
Plus 16%
|
Increase $158,150 ***
|
Other Expenses
|
709,637
|
652,527
|
Minus 8%
|
Decrease $57,110
|
Total Expenses
|
1,697,307
|
1,798,347
|
Plus 6%
|
Increase $101,040
|
LOSS
|
50,166
|
33,547
|
Minus 33%
|
Decrease $16,619
|
***The increase in GRA Allocation is not reflected in Prizemoney increases.
Following the receipt of the financial figures for the other clubs a full summary will be included in next month's journal.
Next Meeting.
The next meeting of the QGBOTA will be held at Albion Park on Monday 7th November 2005 commencing at 6 pm.
Membership .
The membership of the Association continues to grow..we would like you to become a member of the association and have a say in the direction of the industry.
Membership costs are $15.00 for family membership and $10.00 for single membership.
Please contact any of the committee or myself (Ray Burman 0413755137) for further membership details.
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