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SHOW Budget Committee Named



SHOW Chairman Henry Hulan appointed director Charles McDonald to the budget committee along with SHOW president Dr. Stephen Mullins to prepare the 2012 SHOW financial plan. Dr. Mullins will be naming additional committee members and expects to present recommendations to the SHOW board in the next several weeks.

In the October 20, 2011 SHOW board meeting, Dr. Mullins also report that 17,576 horses had been inspected and revenue from horse cards had generated $302,750 year to date. He also outlined several ideas relative to reducing expenses and generating sufficient revenue to fund the program in 2012.

Dr. Mullins reported what he described as "strong entry numbers" at recent shows:

Louisville, Miss. - 139 entries
Irving, Tx. - 153 entries
Ohio Celebration - 291 entries
Octoberfest, Calsonic Arena - 186 entries

The board reviewed and approved the 2011 financial report and were brought up to date on recent inspection results. SHOW had revenues of $23,281 in September and expenses of $41,555 for a net expense of $17,734. Year to date SHOW had revenues of $410,107 and expenses of $393,485 for net revenue of $7,622.

Dr. Mullins told the Board that income will not increase significantly while expenses will not decrease and SHOW will experience a loss at year end. The Celebration has advanced SHOW $391,000 since inception.

Earlier this month, SHOW released information relative to USDA attendance at shows affiliated with the Kentucky HIO, PRIDE HIO and SHOW. According to SHOW, the USDA has attended 20 shows affiliated with Kentucky; 18 with PRIDE and 7 with SHOW. The actual number of nights the USDA was in attendance at these shows was Kentucky - 27, PRIDE - 26 and SHOW - 23. The average number of entries per night at these shows, with the USDA in attendance, was Kentucky - 92, PRIDE - 77, and SHOW - 153.

 

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