Arena Events – all profits!

By:  Diane Benjamin

https://www.cityblm.org/government/advanced-components/documents/-folder-1817

event 1


event 2

4 ISU hockey events are also posted.  Even with dismal attendance the profits were:  $1,727.26, $2,269.16, $2,458.26, and $1,997.42.  Most of the profit is from charging $2000 to play there.

This year the City projected Arena:

revenues of $4,883,795

expenses of $5,219,846  –  for a loss of $336,051.

For the year beginning May 1st, the City is projecting:

Revenue:  $5,001,799

Expenses: $5,001,799

Sounds legit!

PDF page 52 – https://www.cityblm.org/Home/ShowDocument?id=24029

 

 

 

One thought on “Arena Events – all profits!

  1. ANYTHING that comes out of the arena that SOUNDS “legit” is just written on paper, and NOT a reflection of future income.. More like a “pie in the sky” kind of thing.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s