The club will announce all of its business departments have been singing from the same song sheet when it reports an $18,529 operating surplus at its annual general meeting tonight.
The result turns around last year's deficit of nearly $300,000 which came on the back of three previous back-to-back losses.
The surplus also comes after general manager Rodney Moore completed his first full financial year at the helm of the Forbury club.
The most pleasing part of the club's positive result was the message sent to the harness racing community that Forbury Park was on solid financial footing and was keen to secure its future as a racing venue, Moore said.
''The absolute critical strategy was to turn the corner financially which would help to address any negative perceptions,'' he said.
''The next part is to get our business units operating to their maximum potential, to produce the additional income the club requires to enhance itself.
''That is how we will secure its future and position the club positively in the harness racing industry and within Dunedin itself.''
Moore puts last year's positive result down to the organisation sticking strictly to well-detailed budgets, driven by direction from the club's board.
''The board had already put in place a business strategy and it was really about getting the budgeting processes sorted out.
''So, I did a really detailed budget against that strategy.
''We did monthly checks with the board against those budgets, so the board always had up to date information.''
Harness Racing New Zealand also provided key input into the setting of the club's budgets, Moore said.
''Working closely with HRNZ right from the outset and there were some robust discussions as part of that. A strong relationship with HRNZ is essential.''
Better sourcing opportunities for its income was another key driver for the club, Moore said.
The club was able to boost its balance sheet with a series of successful grant applications.
''Sourcing found for some our of race-service cost was an area for opportunity.
''We were able to secure grants to off-set some of those costs.''
The club also put strict processes in place for maintenance projects.
As for many racing centres, maintenance was a hugely costly, but necessary exercise that could eat into club funds.
Managing those projects and securing funding those negated the possibility of budget blowouts, Moore said.
''Because we are managing a large and dated facility there are always maintenance projects that need to be done. Taking control of those projects was key.''
The club's AGM will be held at Forbury Park at 7.30pm tonight.
A new president is expected to be confirmed at the meeting as president Gerald Cayford has reached the end of the club's traditional two-year-term.
Cayford, who has worked tirelessly for the club, is expected to continue in a administrative capacity as immediate past president.
