Figures released at last night’s annual convention at the Dome in Thurles revealed the massive cutbacks and a surplus has been recorded in the Premier County for the first time in five years.
Treasurer Eamonn Buckley’s report detailed a €52,699 profit for 2013, following on from losses totalling in excess of €650,000 over the previous four years.
Remarkably, expenditure was trimmed by €1,070,925 compared to 2012 totals and spending on inter-county teams dipped below the €1m mark for the first time since 2008.
Other factors which have helped to improve Tipp’s financial status is the fact that local gate receipts soared by €140,000.
The introduction of a €25 charge on all county board match passes generated an additional €18,000 and over €100,000 was raised from other fundraising activities. Contesting the Division 1 Allianz National Hurling league final against Kilkenny provided an extra €26,000 for Tipperary coffers.
The good news for Tipperary follows the release of audited figures last January, revealing a deficit of €244,390 for the 2012 financial year.
But managing to report a profit in excess of €50,000 for 2013 represents a massive turnaround for the county.
Income for the year dropped by almost €775,000, to €3,083,869, but that was offset by that huge dip in expenditure, down from €4,102,095 in 2012 to €3,031,170 just 12 months on.
The fact that both the senior hurling and football teams bowed out of the championship at an early stage was a help from a financial perspective, but a huge fundraising drive bore dividends.
In his chairman’s address, Sean Nugent told delegates: “After last year’s convention the county board finances were a major concern and it was a high priority that the matter was addressed urgently.” He added: “Factors that were of assistance to us was reaching the National Hurling League final, a substantial increase in gate receipts, the County Board draw holding up in numbers, good weather and county teams having a shorter life span in the championships.”
Meanwhile, there were two elections decided last evening, as three men battled it out for two positions on the Munster Council.
Outgoing PJ Maher (Boherlahan-Dualla) was returned and will be joined on the provincial body by John Costigan (JK Brackens), who saw off the challenge of another former county board chairman, Barry O’Brien (Fr. Sheehy’s).
In the race to succeed John O’Donovan (Thurles Gaels) as assistant secretary, Michael Power (Newcastle) defeated Kildangan’s Catherine Gleeson by 132 votes to 96.
A successor for Ger Ryan (Templederry Kenyons) as county board public relations officer was not confirmed.