2019 AGM: Difference between revisions
Jump to navigation
Jump to search
→Treasurer's Report
| Line 122: | Line 122: | ||
****This will incur initial expenses, but it should have a positive net result on our revenue | ****This will incur initial expenses, but it should have a positive net result on our revenue | ||
*Questions from the audience | *Questions from the audience | ||
**Where do we get our grants from? | |||
***Chris replied that our major grants this year came from Velo Canada Eco Action Grant, Community Investment Operating Grant from the City of Edmonton, a grant from the Alberta Transportation and Safety branch, and from some other smaller donors. Our major funding, again, is from grants, the casino (approximately $75,000 every two years) - there was a lot of concern around the longevity of this funding in particular due to the recent changes to the new government’s lottery funding, however, this is separate from casino funding and, therefore, should not impact Bike Edmonton | ***Chris replied that our major grants this year came from Velo Canada Eco Action Grant, Community Investment Operating Grant from the City of Edmonton, a grant from the Alberta Transportation and Safety branch, and from some other smaller donors. Our major funding, again, is from grants, the casino (approximately $75,000 every two years) - there was a lot of concern around the longevity of this funding in particular due to the recent changes to the new government’s lottery funding, however, this is separate from casino funding and, therefore, should not impact Bike Edmonton | ||
**Ali asked about the impact of the property exemption and Chris clarified that it should be close to approximately $14,000 for the year, which is reflected in our shop operating costs | **Ali asked about the impact of the property exemption and Chris clarified that it should be close to approximately $14,000 for the year, which is reflected in our shop operating costs | ||