How the new Theatre will operate

Two entities are planned for the new Waikato Regional Theatre.

One will be a property trust responsible for property management and maintenance of the theatre so that any investment made by local government and funders is maintained in line with an appropriate asset management plan. Hamilton City Council has agreed to an annual grant of $1.3 million as the base fund for the property trust with other required capital maintenance funds coming from operational revenues.

The second will be an operating trust, initially funded through seed-funding, and this will enable the management and operational aspects of the theatre business such as promotions, education and bookings.