OFFALY GAA ended 2011 with a surplus of €96,674 on their day to day operations according to figures presented to delegates at Convention last Thursday night.
While there was a drop of €80,268 in income compared with 2010, that was offset by a reduction of €92,787 in the expenditure figure.
The biggest drop in income was in gate receipts which fell from €370,402 in 2010 to €327,759 in 2011. Receipts from games were down across the board except for the Senior Football semi-finals which saw an increase almost €2,500.
A noticeable drop came in gate receipts for the Senior Hurling Final which fell from over €52,000 in 2010 to just under €33,000 this year.
There was also a fall of €8,765 in Offaly’s share from National League gates.
The county more than held its own in terms of Commercial Income which includes sponsorships, media revenue and the Offaly GAA Lotto as the figure went up from €245,154 to €245,727.
Income from Associated Bodies fell from €72,225 in 2010 to just €37,605 in 2011.
County teams expenses dipped below €390,000 in 2011 from over €418,000 in 2010. The biggest factor in this was a reduction in catering costs by over €25,000 to €73,843 this year. Players travelling expenses were reduced by close to 10% to €91,770 although there was an increase in Team Administration Expenses. The bill for Sportsgear, Gym, Laundry went up from €82,860 to €92,964. Interestingly Offaly was not levied with any fines in 2011 saving €2,495 year on year.
Administration costs such as printing, light and heat, postage and telephone etc were reduced by 23% year on year to €68,455 in 2011.
A total of €339,293 was spent on Coaching and Games in the county in 2011. The vast majority of the outlay was on salaries for coaches and Summer Camps a considerable portion of which was offset by Leinster Council and fees collected for Summer Camps.
There were two contrary figures included in the accounts for how much Coaching and Games cost the Offaly County Board. A breakdown of Coaching and Games spending states that the cost borne by the Offaly County Board was in excess of €85,000 but the Offaly County Committee Income and Expenditure Account only shows an outlay of €31,909.
While the day to day running of the County Board shows a surplus, once O’Connor Park is taken into the equation, the county shows a deficit of €69,178 for the year ending October 31.
However that figure includes €212,580 for depreciation and the position is considerably healthier as the County Board currently holds €208,000 in Nett Current Assets.