Castries Mayor Peterson Francis, at a press conference yesterday, held in the mayor’s office, said that Assou Square 2017 was relatively incident free. He commended the police, fire service, emergency personnel, and the newly appointed city police for a job well done, and has seen a vast improvement this year.
The mayor highlighted the cost of the event and disputed the grossly inflated estimates of revenue being made about the event on social media. He broke down the individual receipts and expenses to the Council:
- Tents/Booth rental – $31, 500
- Trays – $10, 313
- Other income – $5,608
- Total Income– $47, 421.
- Expenses – $160,737.59
- Operating loss = $113,316.59
It was estimated that the CDF’s (Cultural Development Foundation) input for entertainment, fashion show, and other activities, would be close to $200,000.
Micheal Hinds – Operations Manager of the CCC says measures will be implemented for Assou Square 2018 to minimize the loss to the Council.
