November 30, 2010
Dear Alberta-bred Thoroughbred Owner:
RE: Owners' Bonus 2010
Horse Racing Alberta's Breeders' Bonus for 2010 totals $1,011,573 and is being distributed through the Breed Improvement Program. The bonus is based on horses of all ages foaled in Alberta being paid a bonus in an amount equal to the pro rata portion of the total budgeted amount based on total purse money earned by those horses in all races at all racetracks in Alberta. Please note that due to allocations from the Alberta Lottery Fund being lower than expected the Owners' Bonus was reduced by 15% from the originally published amount of $1,190,085.
This years' bonus is 23% of the earnings of all races held at all Alberta racetracks in 2010.
We are pleased to enclose a cheque for your Alberta-bred Thoroughbred(s) and wish you continued success in 2011.
Sincerely,
Jean Kruse
Manager
CTHS (Alberta Division)
