Entertainment Centre faces money woes
By ALLAN McNEILallanm@gladstoneobserver.com.au
THE Gladstone Entertainment Centre is struggling to make ends meet financially, with income down $219,000 on last year.
So far this financial year the Entertainment Centre has recorded an income of only $290,000 and with only two months to go looks unlikely to get anywhere near the $790,000 income recorded last year.
The Entertainment Centre was estimated to make $661,000 for the 2004/05 year.
A quarterly budget review tabled at last week's Gladstone City Council meeting outlined the situation in detail.
New centre general manager Camille Jenkins said a lack of shows had made it difficult to make any income.
Ms Jenkins, who has only been at the centre since January, said it had only been used for six commercial hires this year to date.
"It's getting harder to attract the acts, a lot of them are going to other venues, there is more competition out there now,'' she said.
Council chief executive Julie Reitano said the Entertainment Centre regularly spent more than it made and was subsidised by the council.
Ms Reitano said the council gave about $500,000 to the annual running of the entertainment centre.
Ms Reitano said the council would look at whether or not it gave extra subsidy funding to the entertainment centre in the future.
According to the report tabled to the council last week, the Entertainment Centre year-to-date expenditure is on track, but management has been asked to cut down in this area.
"The general manager has been advised to put a stop on new capital expenditure for 2004/05,'' the report said.