As required by BC Hockey Bylaw 906, please CLICK HERE for the 2020 - 2021 BC Hockey Operating Budget as approved by the Board of Directors on January 27, 2020.
The budget will be reviewed as part of the financial report at the 2020 BC Hockey Annual General Meeting (AGM), and in advance of that presentation please note the following background to key items contained in the document:
- The operating budget for the 2020 – 2021 season is a deficit budget which includes subsidies from prior year surpluses in the amount of $359k.
- We are fortunate to be in a position to fund this deficit from prior year surpluses, and the BC Hockey Board of Directors has directed that these surplus funds be utilized rather than adjusting fees at this juncture.
- The funding being allocated in this budget results from the 2019 World Junior Championship and prior year surpluses in the Unrestricted General and Development Fund.
- BC Hockey programs are operated on a break-even basis wherever possible, though this is not always possible in some areas, including female recruitment/programming and membership services (i.e. Championship Host Grants, operation of the Annual Congress and the Regional Center Pilot Project).
- Please note that the Zone AA program is reflected as a NIL budget in this document. The status of the Zone AA program is still under development for the 2020-2021 season, with agreements being developed with each of our Districts for the operation of programs. Once these agreements are in place the program budgets will be updated accordingly.
If you have any questions regarding this notice or the attached budget information in advance of the Annual Congress, please contact Jen Cheeseman at jcheeseman@bchockey.net.
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