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Oval shows favourable revenues in Q2

The Richmond Olympic Oval showed a favourable Quarter 2 financial report: Per the report: "The Q2 revenues were budgeted at $3,107,000 and the actual results show revenues of $3,369,000, indicating a favorable variance of $262,000.
Richmond Olympic Oval
The Richmond Olympic Oval hosts various sports events and provides amenity activities for residents such as ice hockey, basketball, volleyball, soccer, and weight training

The Richmond Olympic Oval showed a favourable Quarter 2 financial report:

Per the report: "The Q2 revenues were budgeted at $3,107,000 and the actual results show revenues of $3,369,000, indicating a favorable variance of $262,000. Q2 expenses were budgeted at $2,846,000 and the actual results show expenses of $2,632,000, indicating a favorable variance of $214,000. As such, there is an overall favorable variance of $476,000 before transfers to reserves/provisions (please see page 3 for the Corporation's statement of operations). In Q2, $327,000 has been allocated to the reserves/provisions."