Skip to content

PGSO paying off loan from the city

At Monday’s city council meeting the Prince George Symphony Orchestra will present a cheque to Mayor Lyn Hall for $17,733.33 which represents the amount owing on the City of Prince George 2005 loan of $50,000.

“It gives us great pleasure to pay the final portion of this long-held debt,”said Diane Rogers, board president.  “Without it, there might well not be a symphony orchestra in our city today.  The city recognized the importance of a having a professional orchestra in Prince George and demonstrated their commitment to this by agreeing to this loan.  The board of directors is grateful to the city for its loan and thanks not only today’s mayor and council but also the mayor and council of 2005.”

In two years the Prince George Symphony Orchestra has gone from an accumulated deficit of $131,000 to being in the black.  Intense cost cutting at the administrative level, a close eye on the artistic expenses, and an always generous group of patrons and businesses have turned the organization’s financial situation from negative to positive once again. 

“The board is committed to continuing on our path of fiscally responsible management and to continuing to provide excellent live symphonic music to the people of our community and region,” said Rogers. “Our new Maestro, Michael Hall, has created a new excitement among music lovers in Prince George and we look forward to another wonderful season in 2018-2019.” 

What do you think about this story?