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