Ahead of a special Timmins city council meeting this Tuesday, the city’s website released details of the meeting…including the much-anticipated numbers on the Stars and Thunder Festival.

And the verdict is?…*drumroll*…$30,000 under the break-even point. That equates to about $1.35 a household.

The city details that the budget for the festival was $4,415,000, including just over $2-million dollars in entertainment and nearly $1-million in stage, production and fireworks costs.

The cost was offset by $3,874,000 in direct revenue—$3,225,000 of it in ticket sales—and the rest in revenues such as provincial grants and sponsor dollars.

That money also includes $125,000 in remaining fireworks inventory that can be used for next year.

As you recall, Teams Brazil, China and the UK didn’t get to shoot off their fireworks due to windy conditions, and the Team Canada show was also held off.

So the total revenues came in at $4,385,000.

The presentation also acknowledged there was an impact on “staff and banked time, staff fatigue and lost transit revenue.” But there were additional benefits too.

Science Timmins raised $211,330 from their 50/50 ticket sales and businesses saw an economic impact. A Timmins Chamber survey noted over 50 per cent who responded to their survey said they saw a benefit, and even the ones who said otherwise added comments of support.

And you can’t forget about the sense of community pride. The city says the music scene also got a big boost, with additional concerts in 2017 like January’s Mariana’s Trench show and the upcoming ONTour concerts at the Great Canadian Kayak Challenge and Festival.

At the end of the presentation, there’s notes on a possible Stars and Thunder 2018.

Mayor Steve Black wants council to have a discussion in anticipation of a vote on August 22nd.

CLICK HERE to read the full presentation, and remember to follow along Tuesday evening as council comments on the festival numbers.

Filed under: Local News, stars-and-thunder