THIS year’s Common-Riding celebrations recorded a profit of £2,612.
But at the annual general meeting of the Common-Riding committee last night it was revealed that part of the expenditure incurred this year included a £20,000 instalment paid into the Quincentenary Fund for 2014.
Although the wet weather this year failed to dampen ardent enthusiasts of the town’s traditions, the gate money to the Moor on the Friday (£15,555) was down on last year’s figure (18,970). However, the Saturday, when conditions were arguably even worse, saw a slight rise to £11,414 from £10,519.
The horse racing (£19,381), Huts (£7,137), Colour Bussing (£2,408) and Cornet’s timetable (£5,507) were all slightly down on 2011. The sale of the Cornet’s tie (£6,225) was also marginally less than last year, but there were increases in the Common-Riding Ball (£1,904) and dinner (£2,916).
Despite receiving a grant of £9,300 from Scottish Borders Council, overall donations and sponsorship were down, while bookmakers and krames arguably took the greatest hit – £7,120 in 2011 and £5,470 in 2012.
Common-Riding Committee chairman Stuart Marshall said: “Whilst our main source of income [the gates] was once more affected by dismal weather, this didn’t dampen the Teri spirit and my committee is delighted that we are reporting yet another very successful Common-Riding.
“With sponsorship and donations down and a rise in expenditure inevitable, the committee is pleased to report a modest profit.”
During his address in Tower Mill last night, Mr Marshall paid tribute to committee members, sponsors, volunteers, this year’s Cornet Ross Nichol and the people of the town for the role they played in the resultant healthy balance sheet.
“Our Common-Riding is only as good as the folk that support it and I can only say a huge thank you to the townsfolk and visitors alike for contributing to its success once more,” he added.
The Quincentenary Fund, which will pay for a new statue at Tower Knowe, currently stands at £80,337.