Dunedin Netball's coffers are in good shape but chairman Jono Bredin says the board is budgeting for a loss this year.
The organisation held its 100th annual meeting on Monday night and reported a $21,320 surplus from last year.
Dunedin Netball has $129,662 in the bank, including $121,251 in a savings account.
''We are really pleased with the financial result with the year, given that we are a couple of years into the new netball structure,'' Bredin said.
''Something that has worked in our favour the last couple of years is Dunedin has been lucky enough to host rep tournaments each year, so that's helped keep our costs down.
''But that is not going to be the case because all the national tournaments this year are in the North Island, so that will provide its own challenges.''
Dunedin Netball spent $52,137 on its rep teams last year, including $18,016 on the national provincial team, which competed in Auckland for a week.
That cost will rise by about $40,000 if the under-19 and under-17 rep teams also have to travel to the North Island this year.
''Basically, we have made a decision at this stage to commit to sending rep teams to each of the tournaments that are in the North Island,'' Bredin said.
''But that's a short-term decision. Netball New Zealand is currently reviewing the competition, so we will have to review that decision later this year.''
Despite posting the surplus, Bredin said one of the biggest challenges Dunedin Netball faced was the ''shrinking lid'' of pub charity and grant funding.
''We have made a surplus of $21,320 last year and we have budgeted to make a loss of that this year. So the surplus we have made last year, we will spend this year,'' he said.
The organisation's total income was $262,821 last year, up from $212,718 in 2013.
Subs accrued from social netball totalled $60,648, the biggest earner.
Although there was $130,000 in the bank, it was not for spending, Bredin said.
''That's there for a rainy day.''
''We are heavily reliant on the Edgar Centre in terms of our competitions.
''If anything happened to the Edgar Centre, we would need to do something to keep netball going, so it's basically a backstop rather than something I intend to dip into.''
Dunedin Netball had a growth in team numbers last year, with a 23% increase in senior teams, 6% in secondary school teams and 7% in social teams.
A raft of awards were handed out at the meeting on Monday night, including a life membership to Margaret Weatherall and a prestige service award to Adrienne Ensor.
Other award-winners were Barbara Agnew, Kay Anderson, Joyce Andrew, Colleen Hokianga, Ernie Mather, Karen Rosevear, Kathi Scott, Toni Wall (all certificate of recognition), Kathy Ferguson, Ryan Fitzgerald, Megan Graamans, Clare Malthus, Jo Morrison, Jean Rowley, Kirstin Scully and Ellen Waide (all service awards).
