2023 AGM: Difference between revisions
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→Questions from the Floor:
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Greg: Three major pieces that cost us money to operate (ED, Staff managers, and leasing) comes from the shops. You could eliminate one of those pieces, and have a balanced budget. We tested various scenarios (go down to one shop, add a third, etc.). We save money on an expense side if we close a shop, but we loose all that revenue as well from bike sales. My philosophy is that the heartbeat of Bike Edmonton is the two shops. They are the first and ongoing point of contact. They are transformative spaces where people start riding and keep riding. | Greg: Three major pieces that cost us money to operate (ED, Staff managers, and leasing) comes from the shops. You could eliminate one of those pieces, and have a balanced budget. We tested various scenarios (go down to one shop, add a third, etc.). We save money on an expense side if we close a shop, but we loose all that revenue as well from bike sales. My philosophy is that the heartbeat of Bike Edmonton is the two shops. They are the first and ongoing point of contact. They are transformative spaces where people start riding and keep riding. | ||
Coreen: Ballpark numbers: the cost for leasing, shop staff, etc. is $3000 a year. The income is also around $3000. Deficit is in a 5% range. That doesn't include the ED salary. | |||
=== Treasurer's Report - Marcel Huculak === | === Treasurer's Report - Marcel Huculak === | ||