Thunder Bay city council tentatively approves TBSO funding relief - Action News
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Thunder Bay

Thunder Bay city council tentatively approves TBSO funding relief

Thunder Bay city council has signed off on a request by the Thunder Bay Symphony Orchestra to provide it with more of its 2016 grant.

Approval subject to city administration review of orchestra's finances

The Thunder Bay Symphony Orchestra could receive up to 50 per cent of this year's grant before the 2016 budget is finalized. (Thunderbay.ca)

Thunder Bay city council has signed offon a request by the Thunder Bay Symphony Orchestrato provide it with more of its 2016 grant prior to municipal budget talks.

Ordinarily, grant recipients are eligible for a quarter of their funding prior to the budget being finalized, butcouncillorsallowed the orchestra to receive up to half of its roughly$295,000 funding, prior to the ratification of the city budget.

City administration recommendedthe forwarding of the additional installment, subject to a review of the symphony's finances by city staff.

Symphony officials say they arefacing a cash flow crisis due to decreased federal and provincial dollars.

Meanwhile, the symphony is continuing its own fundraising efforts and hasalready raised about half of its $225,000 goal.