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Carisbrook Stadium Trust sticks to budget

29/08/2007 11:36:03

The Carisbrook Stadium Trust believes its investigations into a new stadium fall within agreed budget limits so far.

The Dunedin City Council has committed up to $5.6 million for the year to December to assist the trust. In return the trust must report its progress and expenditure back to the council.

Carisbrook Stadium Trust chief executive Darren Burden has written to the council with information relating to the $800,000 it was allowed to spend between March and June this year. It says to date, total expenditure is $775,000.

Some items are still yet to be processed and confirmed, however the trust is confident those additions will not take the tally over the $800,000 limit.

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