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- The improved funding model for our State Team athletes to support the demands of the National Series and make the team stand-out across all states in Australia.
- Single event finance model to improve revenue sharing between host clubs and the state.
- We continue to make technology and equipment investments with a focus to make life easier for all volunteers.
- Increased We increased the rider contributions for the Test Team to better reflect the costs incurred by BMX NSW.
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This has seen the 2019 State’s Balance Sheet improve from by $36,192.
2018 V 2019 Financial Highlights –
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- Junior Test Team income increased by 42%
- Licensing income increased by 37%
- Other income increased by 28% (LCCBMX)
- Rider Levy income declined by 11%
- State Title income increased by 13%
- Transponder fees declined by 43%
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- Fewer events reduced the rider levies received
- Decreased the First Aid costs over the whole calendar year
- Reduce Reduced the amount of Pro Prize Money fund funded by the clubs throughout the year
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The new expense incurred to have live and improved scoring at our events was deemed a success by the board and we have approved to the use of Sqorz for the 2020 race season.
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