costs of Burnham's Princess Theatre fall below £50,000
annual cost of running Burnham-On-Sea's Princess Theatre has fallen
below £50,000 for the first time, according to new figures
released this week.
and Highbridge Town Council, which took over the theatre from
Sedgemoor District Council in 2011, says the annual cost to tax
payers of running the facilities is £47,839, which is down
from £51,000 a year earlier.
Clerk Denise Emery told Burnham-On-Sea.com: "When we took
over The Princess from Sedgemoor three years ago, the annual running
costs were £70,000 and rising, so the costs have come down
theatre's finances have been boosted by increased room hire and
extra income from events and the new-look art cafe. More people
than ever are using the facilities, whether attending events or
dropping in for a coffee."
always knew there would be a balancing act between the costs of
keeping it running and the number of people using it - so it's
great to see the theatre constantly busy and well-supported."
overall trend is of financial improvement and Burnham has a superb
community facility, overseen by a great management team."
The costs exclude annual 'sinking fund' maintenance fees of around £5,000. The
ownership of The Princess from Sedgemoor District Council
to Burnham and Highbridge Town Council took place three years