March 13th Update - Credits, News (South Muskoka Minor Hockey Association)

PrintNews Article
Click to view full-size image
March 13th Update - Credits
Submitted By Sarah Geer on Saturday, March 13, 2021
Hello Bear Families,

Our board has reviewed our finances and budget for the 2020-2021 season. As always, a final budget will be provided at the AGM when our fiscal year ends. 

As you may or may not be aware there are many parts of the budget that had to be paid regardless of how much time the kids actually saw on the ice.  Items like jerseys, socks, OMHA fees, insurance, equipment, certification of our coaches, trainers and managers, not to mention administrative costs such as bank fees to name a few.  The only part of the budget the association did save was regarding ice time. The association has determined that we are able to provide a credit of $100 for Cubs & Initiation players who were expected to be on the ice once a week and a $200 credit for other players who were expected to be on the ice twice weekly. Given the number of players we had this year this breakdown will be returning $63,100 back to families, which is a little over half of the ice budget.  

As a board with a lot of new members, working in a year that was anything besides typical, there were ups and downs from our original budgeting.  We were able to save in some areas from our original budget.  These amounts add up to approximately $12,000. Unfortunately, we also had areas that we over spent, due to circumstances beyond our control or there were items not included in our original budget. These amounts add up to approximately $11,500. Therefore, we are not in a position to refund other amounts of the budget as there was no true savings. A more detailed breakdown of the final budget will be reviewed/provided at the AGM as per policy.  A new budget for the 2021-2022 season will also be proposed and reviewed at that time. 

We will also be providing all of the volunteer credits to those that volunteered for our shortened season.  We appreciate all the time and energy that was put into giving our kids the best hockey season while working to maintain all of the provincial, health unit and arena policies and restrictions.

In the event, you would rather have your season credit or volunteer credit paid out by etransfer instead of being applied to your player’s account, please notify the Registrar, Kristy Bonitatibus, at [email protected] by March 31, 2021. If a request is not received by this date then your credit will be automatically applied to your player’s account. Also, please note that in the event you request a payout, a $3 administrative fee will be applied to cover the associated banking costs. 

In the event that you have a balance owing on your account currently, the credit will automatically be applied to that balance first and only if there is a surplus amount after that can a refund be issued.  We will not be accepting registrations for the 2021-2022 season unless your account is paid up to date.  Should you have any questions on your account balance, please contact Kristy at [email protected].  

Thank you for a short but enjoyable season.  We hope to see you all back out on the ice in the fall. 

This article has been viewed 1148 times.
Social Networking
Follow Us On
Follow South Muskoka Minor Hockey Association on Twitter
- and -
Visit South Muskoka Minor Hockey Association on Facebook
Manage Subscriptions
Signup to receive email or text messages for the teams you want to follow.
News ArchiveOther Recent Articles
  • 14
    Congrats to the new and continuing members of the SMMHA Board of Directors for the 2021-2022 season, please see the list below. Many thanks to all the Board members of this past season 2020-2021, lots of hard work, decisions and dedication for ...
  • 12
    Congrats to all those who have been nominated for the upcoming season(s) with the SMMHA Board of Directors, please see the list below: Please note we will still accept nominations at the meeting tomorrow.  If you are interested please come to the ...
  • 11
    Interested in joining SMMHA Board, or know someone who would make a great fit? Check out the nominations to date page on the website, there are still a few vacant positions. Nominations close tonight April 11, 2021 at 11:59pm, so get your ...
  • 10
    South Muskoka Minor Hockey Association is highlighting community members who support local minor hockey and our community.  This month we are recognizing Don Mackay and Muskoka Highlands Golf Links. Don has been a supporter of local minor hockey for ...
  • 01
    Hello Bears families, Spring is finally here, but that doesn't mean we should completely forget about hockey! 
  • 31
    If you would like your early end to the season or volunteer credit refunded instead of as a credit, this is your last chance to contact our registrar with your information.  Please send your child(ren)'s name(s)'s to ...
  • 29
    Good evening parents.  Just a reminder that if you are wanting either your early end to season credit or volunteer credit given out as a refund you must send an email to request it by MARCH 31, 2021.  The email should be sent to ...
  • 21
    In memory of Dap Thach & Duncan Veitch.....
Printed from on Friday, April 16, 2021 at 2:13 PM