02/11/2012 04:02 EST | Updated 04/12/2012 05:12 EDT

Nova Scotia Progressive Conservatives receiving less money from the public

HALIFAX - The Nova Scotia Progressive Conservative Party says it's receiving less money from the public.

The Conservative's balance sheet for 2011 was released at its annual general meeting in Halifax on Saturday.

Dan Avery, the Tory's provincial treasurer, says the party received about $19,000 less in public funding last year because it garnered fewer votes in the 2009 election.

Avery says the party's total revenue is down more than $20,000 from 2010 to about $467,000, but expenses are also down.

Avery says that's because there were more than $73,000 in leadership race costs in 2010.