SELKIRK Common Riding Trust will continue to receive a £6,500 grant from Scottish Borders Council for each of the next three years.
Last week the council agreed to continue with its £82,000 fund for local festivals, but no change has been made to the method of allocating the cash, despite calls from the organisers of Melrose Festival for the grants to reflect the costs involved for each festival.
In figures reported to SBC at the end of last year, it was revealed that Selkirk made a loss of around £3,500 in 2011/12, one of 14 festivals to do so. The trust reported a year-end balance of over £45,000.
At Thursday’s meeting, Councillor Stuart Marshall, who is also chairman of Hawick Common Riding Committee, which will receive £9,300 a year from SBC, acknowledged that some organisers had access to larger reserves than others.
He told the meeting: “It is very important to this community that the council serves to keep supporting these events, but it is fair to say that some common ridings and festivals are in much better financial health than others.”
The Hawick Common Riding organisers reported a year-end balance of £180,622 in 2011/12, but will face significant extra expenditure next year due to celebrations to mark the quincentenary of the capture of the flag at Hornshole.
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Weather for Selkirk
Thursday 23 May 2013
Temperature: 5 C to 9 C
Wind Speed: 24 mph
Wind direction: North
Temperature: 3 C to 11 C
Wind Speed: 20 mph
Wind direction: North east