The town will be contributing to the financial fitness of Wasaga’s YMCA.
Council’s co-ordinated committee has recommended the municipality support the Y through its first six months of being open following its lengthy closure as a result of the COVID-19 pandemic, to the tune of nearly $50,000.
According to a report from director of recreation, events and facilities Chris Roos, the amount was settled upon following discussions with the Y, and an analysis of the facility’s financial statements by the town’s treasurer.
“We have an accurate model that works within the ceiling of the recommendation ($49,147),” Roos told the committee.
Y officials had initially requested the town provide financial support for its operational budget for the next two years — up to $900,000 — or until the facility reached a break-even point.
Roos said the expectation is the Y should see a return of 50 per cent of its membership by June, which would put the facility in the black.
However, he added, there is no certainty how many Y members — there were 3,300 members of the Wasaga facility prior to the pandemic — might come back.
“It is a much-condensed program offering, and the hours are reduced … but it models against the number of participants they have, so they are in a break-even situation by the end of the six month(s),” Roos said.
The Wasaga Y is expected to open on Jan. 4.