Financial losses spell the end for Lismore Heights Bowlo
THE Lismore Heights Bowling Club will shut its doors on June 16, following six years of financial losses.
Lismore Workers Club group board made the announcement last night.
President Richard Mackney said the bowling club was heading for a loss of $290,000 this financial year, and had lost almost $590,000 over the past five financial years.
Staff and members have been told that the Workers Club could no longer subsidise the bowling club, which is located on Crown land.
"The board came to the decision to close the bowling club most reluctantly," Mr Mackney said.
"It has been part of the Lismore Workers Club group for almost two decades, but to continue to operate it at a loss would jeopardise the entire group."
Mr Mackney said the bowling club had 300 bowling members, but not all of those were active bowlers.
He blamed rising costs such as electricity and rent, and said the club was also facing significant expenditure on items such as air conditioning upgrades.
"In recent years we have explored all kinds of options to cut costs and keep the bowling club viable, including reducing operating hours and reducing staff," he said.
"But the overheads are still there.
"In fact, they are going up all the time."
De-amalgamation from the Lismore Workers Club could be an option.
Mr Mackney said the board would be "happy to assist" in the process, and the board has given the bowling committee three months to investigate de-amalgamation and reopening the club under a different ownership structure.