The Hirsch Creek Golf and Winter Club is facing tough times.
In a letter to Kitimat Council they say they have exceeded their operating line of credit for the year and while they work out temporary financing they are seeking $100,000 from the District as their annual grant.
“While this amount will not entirely resolve our financial issues,” it states in a letter from club president Art Emmerson, “it will provide us with some breathing room.”
He told council at their meeting that the club needs to “figure out what’s going on” as far as their budget goes.
Council typically gives them $10,000 a year.
Emmerson said that they will be looking very closely over the next several months to find ways to cut costs and improve their spending.
They say with the loss of two major industries in town, and declining population, means it has become hard for them to run the business. They say that until the town’s fortunes turn around they may rely on the District for monetary support in the future as well.
In their financial statement from Oct. 2011 to September 30, 2012, they should a net loss of $32,727.
Their budget request, as were all requests from last night’s meeting, has been referred to council’s budget planning.