A commitment by the City of Launceston council to give $30,000 in event funding to the BMX Australia National Championships could send part of the budget into negative figures.
The BMX Championships is being held at the Launceston BMX Club in March next year. About 3750 people are expected to attend, with 3375 expected to be from interstate, the council said.
"The BMX Australia National Championships is the premier event on the Australian BMX calendar, bringing together male and female riders from five years of age to over 50 years of age," the council said.
With funding for a number of special events already pre-committed, agreeing to the funding could result in a potential $12,500 shortfall.
"The proposed budget for 2019/2020 Special Event Sponsorship is $70,000. Should the recommendation for $30,000 be approved and the funding pre-committed, there will be potentially a $12,500 shortfall in the proposed 2019/2020 budget for special events sponsorship," the council said.
IN OTHER NEWS:
The 2019/2020 major events budget has $16,000 remaining, with all funding rounds now closed. The council recommends moving the remaining funds into special event sponsorship to give the budget sufficient funding.
The council has pre-committed funds to the 2019 Australian Veteran Gold Championships, the World Fly Fishing Championships, and the National Karate Championships.
The council will discuss the funding proposal at its meeting on Thursday. The meeting will be held at 1pm at the Town Hall.
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