Basketball: BBO books due soon

Ricky Carr
Ricky Carr
The financial position of Basketball Otago (BBO) should become clearer ''soon'', chairman Ricky Carr says.

Carr was not able to be more specific because the accounts for the financial period ended December 2013 are still with the auditor.

''We've had to supply meeting notes for the last year to the accountant and I think it is imminent,'' Carr responded when asked when he expected the auditor to complete the work.

''Every time I try to get specifics out of people I just get fobbed off, so I can't give you [a date]. It's soon.''

In June, former deputy chairman Simon Eddy revealed the organisation expected to return a deficit ''upwards of a $50,000 loss''.

BBO reported losses in the two previous financial periods totalling $49,953. A third deficit, and one so large, would be a major setback for the association, which has a annual income of about $850,000.

Eddy has since resigned, and in August Carr painted an improved picture of BBO's financial position.

''I don't really want to say until the accounts come back,'' he told the Otago Daily Times last month.

''But indications are it will be way less than that [$50,000].''

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