Agenda Item Request:
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Approval the 2024/2025 Cross Insurance Arena Operations Budget and Trustees Budget.
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Background and Purpose of Request:
Requestor: James H. Gailey, County Manager
The Cross Insurance Arena Board of Trustees were presented the 2024/2025 Arena Operations Budget as well as the Trustee Budget on April 24, 2024. At the meeting the Trustees asked a number of questions and received answers from General Manager Michael LoConte.
The Trustees felt the budget was in line for action that morning, resulting in a 5-0 affirmative vote to recommend approval of the 2024/25 Arena & Trustee budgets.
The Trustees budget of $200,000.00 was incorporated into the 2024/2025 General Fund budget.
Presentation: No
Funding Amount and Source: Arena Revenue & General Fund
Effective Date if Applicable: July 1, 2024