Now the big question is whether it will have to dip into its reserves to return a portion of the Covid wage subsidy payments it received during the pandemic.
The union will report a profit of $14,274 at the annual meeting at the Harbour club tonight.
That was a "positive result" for the union given the challenges of growing local revenue and the fact Otago, like all provinces, relied heavily on New Zealand funding, ORFU chairman Peter McCormack wrote in his report.
As reported last month, the ORFU faces a bill of more than $200,000 as the Ministry of Social Development seeks to recover almost $3 million from the country’s 14 major rugby provinces.
That is no drop in the bucket, but the union has kept an exceptionally tight leash on its funds since flirting with insolvency in 2012, so it should be better placed than some of its rivals to cope with any repayment.
McCormack said the ORFU continued to "take a cautious approach to decision making to balance financial sustainability with the investment required to successfully deliver rugby across the province".
The union was targeting a break-even budget for the 2014 financial year.
Chief executive Richard Kinley, in his report, highlighted the work done in the first year of its new three-year strategic plan.
The first two "pillars" of that strategy were focused on growing community rugby, and the union was working with clubs and schools to get more people involved.
Player numbers in the region were up slightly, from 7964 to 8148, and coaching numbers leapt from 528 to 585.
Referee numbers were static at 112 and the indications were that number was set to drop.
Roy Daniel will tonight take his final bow after four years as ORFU president.
He said in his report he was grateful for the support he had received in the role.
"I could not have been more impressed by the many volunteers and officials who give of their time so freely to ensure the game we love continues to foster," Daniel wrote.
"The crowd support at all club finals across the province indicated to me that interest in rugby is as strong as it has ever been."
Three board members will be announced tonight.
Roger Taylor and Amy Wilson-White are up for rotation, and there was a vacancy created when Donna Harpur-Swain stood down last year for personal reasons.
