Good News from Cannon

[thetrailboss]

This information came from the "Save Cannon Mountain" group:

[h=5]As the snow melts away at Cannon comes good news: the mountain turned an operational profit of as much as $900,000 this past season, a substantial recovery from last year. Since 2008, Cannon has produced an average surplus of $515,000 annually - money that helps the self-funded state park system. Skier visits were up 25 percent this past season, which was within 3 percent of Cannon's record.

[/h]

 

[Puck it]

Where's the threecy spin?

 

[Smellytele]

There's a "Save Cannon Mountain" group?

 

[Puck it]

There's a "Save Cannon Mountain" group?

and a Taxpayer for Cannon Group, too. I think the membership is rather low. One member!!!

 

[St. Bear]

I certainly did my part in the Pub during my 3 visits.

 

[deadheadskier]

Here's some recent meeting minutes that look at the Fiscal Health overall

http://www.nhstateparks.org/uploads/pdf/CMAC_Minutes_4-12-13.pdf

It discusses where the mountain is at in terms of debt obligations / profitability etc. Also discusses what they want to invest in next:

John DeVivo detailed the following ($717,000) proposed projects/purchases, to be completed utilizing available capital
funds from the Cannon Mountain Capital Improvement Fund, fueled by the Sunapee lease:
$400,000 in snowmaking projects and purchases (low energy tower guns, low energy portable land guns, pipe and
hydrant installation on Taft Slalom, pump capacity upgrades on existing equipment, tower mounted fan gun, replacement
piping on two trails, and 3-month excavator rental);

$167,000 in water and power system upgrades (primary water pump/s, metering equipment, primary reservoir tank/s,
primary water lines for Peabody & Notchview Lodge area, well construction for Park HQ area, low-flow fixtures @
Peabody kitchen, primary switch at Cannonball Quad, communication line to summit, communication line to Peabody
Quad, service switch at Mountain Station, rebuild on Aerial Tram motor generator;

$150,000 for replacement of Peabody Express Quad haul rope

 

[thetrailboss]

There's a "Save Cannon Mountain" group?

I guess so. Facebook group at least....probably to counter the other interest group that wants to lease the place.

 

[Smellytele]

I hate to ask this question but if they didn't get money from the Sunapee lease would they still be in the black?

 

[thetrailboss]

I hate to ask this question but if they didn't get money from the Sunapee lease would they still be in the black?

Hard to say. So much time has passed since that lease began, and so many things could have changed, that it is probably impossible to say for sure.

 

[bobbutts]

What changed between last year and this year besides natural snowfall during the vacation weeks?
For me 25% up year to year probably highlights their (unhealthily) higher than their competitors reliance on natural snow for the region.
Are these numbers about profit believable anyway, there always seems to be debate on that?

 

[SIKSKIER]

I must admit threecy does make a good point about the accounting of getting these numbers.It is a government entity after all.No lease!

 

[Puck it]

I must admit threecy does make a good point about the accounting of getting these numbers.It is a government entity after all.No lease!

Accounting is fuzzy math.

 

[AdironRider]

Accounting is fuzzy math.

You can always tell the guy in the room who cant read a balance sheet by comments like these.

 

[Cannonball]

You can always tell the guy in the room who cant read a balance sheet by comments like these.

You can always tell the accountants in the room by their inability to perceive sarcasm.

 

[Puck it]

You can always tell the accountants in the room by their inability to perceive sarcasm.

And take the balance sheet as "Gospel".

 

[AdironRider]

And take the balance sheet as "Gospel".

Keep on keepin on.

That sarcasm comment was pretty good though.

 

[Puck it]

Keep on keepin on.

That sarcasm comment was pretty good though.

Are you fuzzy?

 

[SIKSKIER]

Nothing to do with this thread except Cannon.I went to the skihouse to bring some stuff home for the summer and ended up earning some turns.To my surprize all of the Zoomer trails were totally connected top to bottom except Avalance.So I did 1 last run down Garys.It was afternoon and the snow was pretty manky but hey,a run is a run.Saw a few skiers up top on Profile which was fully covered.

 

[Cannonball]

Nothing to do with this thread except Cannon.I went to the skihouse to bring some stuff home for the summer and ended up earning some turns.To my surprize all of the Zoomer trails were totally connected top to bottom except Avalance.So I did 1 last run down Garys.It was afternoon and the snow was pretty manky but hey,a run is a run.Saw a few skiers up top on Profile which was fully covered.

Yeah, see my report from yesterday in the TR section. Great conditions top to bottom! Was happy to see so many people on the hill. Glad you got some too.