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Eastlink Centre should change how it budgets: audit

The Eastlink’s Centre’s expenses should be budgeted based on historical ratios and projected demand. That’s one of the recommendations of MNP, which conducted the financial audit of the facility after a deficit of millions was found last year.

Budgets were done based on estimated revenues, and when the number of prepaid memberships and passed was incorrectly reported, payroll and other expenses substantially exceeded what was brought it. Community Living Director Garry Roth says they’re now amortizing memberships over their life, so they can better estimate how much they’re bringing in.

Corporate Services will get the audit Tuesday, along with an operational review.

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