The CFC Executive would like to announce a resolution recently reached on the issue of the distribution of surplus funds garnered at the 2011 edition of the CYCC. After negotiation, the agreement is that:
a) 30% of the $18,200 surplus will be distributed as cash prizes pro rata to the amounts previously announced;
b) 70% of the $18,200 surplus will be distributed as bursaries to those entrants in the 2011 WYCC who were 1st, 2nd, or 3rd-place finishers at the 2011 CYCC pro rata to the amounts previously announced; and
c) the remaining balance, should not all 36 qualifiers enter the 2011 WYCC, will go to those qualifiers that do enter the 2011 WYCC pro rata to the amounts they will have previously received.