Chamber working to reduce dependency on municipal funds

The Summerland Chamber receives the majority of its operating budget from the municipality, but more money is coming in from other sources.

The Summerland Chamber of Economic Development and Tourism continues to receive the majority of its operating budget from the municipality, but more money is coming in from other sources.

At the chamber’s annual general meeting on March 13, Lisa Jaager, manager of the chamber, explained the breakdown of the chamber’s finances.

The municipality contributed $200,000 or 63 per cent of the chamber’s funding.

The telephone directory brought in $15,270, funding for summer students added $8,387, Tourism B.C. funding came to $10,000 and the Thompson Okanagan Tourism Association contributed $10,200.

Money raised directly by the chamber made up $74,642, or 23 per cent of the chamber’s budget.

For 2012, the chamber will once again receive $200,000 from the municipality, but this will represent a smaller share of the total funding, at 60 per cent.

Other funding will include $19,800 for summer staff, $10,000 from the Thompson Okanagan Tourism Association, $15,505 from the telephone directory and $12,270 from Tourism B.C.

The chamber hopes to raise $76,625 or 23 per cent of this year’s funding through its internal efforts.

Jaager said the chamber is working to have the municipality’s share of the budget at 50 per cent.