Andrew Barr has the happy news (if you’re the National Folk Festival) that the rest of us are paying $134,000 so the Easter festivities may roll on:
In a report to ACT Government and KPMG, the NFF board acknowledged the five principal reasons they
were suffering budget difficulties:
— The cost of office accommodation;
— An increasing staffing budget;
— Cashflow issues based on the four-day festival being held at Easter and relying on good weather
and not coinciding with other events, such as Anzac Day;
— Inaccurate ticketing revenue forecast and complimentary ticketing.
We wonder how many other businesses in Canberra having trouble for any of these reasons can get slipped a wad?