Kasafi to present financial report card

BY BOY RYAN B. ZABAL

Festival organizer Kalibo Sto. Nino Ati-Atihan Foundation, Inc. (Kasafi) will present its annual financial report card and performance in the afternoon of February 7.

While it will highlight the success and achievements of the Kalibo Sto. Nino Ati-Atihan festival celebration, Kasafi chairman Albert Menez said it will focus more on their latest financial earnings and expenses of yearly operations. 

The festival organizer, in its memorandum of agreement with the local government of Kalibo, is required to submit the financial report of its operations to the Kalibo Sangguniang Bayan within 60 days after the festival during each and every year.

Menez said the Kasafi will present a ‘good report’ to the public and the local media on how Kasafi carries its mission and how it forge strategic partnerships in terms of promotion and support with the private sector and the clergy that led to the success of the Kalibo festival. 

The foundation is an independent group of volunteers that generates financial and creative support for the promotion of Ati-Atihan festival and other tourism programs from corporate sponsors, the local and provincial governments, companies and individuals.

Every year, the festival has and continues to be a significant and positive driver to the local economy.

Its economic impact was derived primarily from the spending of visitors and locals on accommodations, airline fares, drinks and foods for the week-long festival. 

Beyond the festival’s numbers, quite integral also to the festival were the volunteers who help the Kalibo Sto. Nino Ati-Atihan Festival run and make volunteering enjoyable.