Summer in the Park lost a bit of money this year. After $96,000 was transferred from a reserve fund, the event was still short $45,000. However the committee is tweaking the event by reducing expenses and expects to generate annual surpluses of $15,000 meaning the deficit will be wiped out in three years. Chairman John Strang says lower-than-expected wrist band sales for the water front concerts were the main reason for the deficit. Only 3,400 wristbands were sold Despite that, Strang says Summer in the Park generated 2.7 million dollars in economic activity over the August long weekend. Strang says some of the tweaking includes going back to two nights of music instead of having three nights. Although acts have not been confirmed, Strang says one night will be devoted to rock and roll and the other night will feature country music. North Bay council supports next year’s initiative and is giving the committee $40,000 as its share.
