Cumberland County Maine
 
File #: 24-050    Version: 1
Type: Order Status: Approved
File created: 4/26/2024 In control: Board of Commissioners
On agenda: 5/13/2024 Final action: 6/10/2024
Title: Approval the 2024/2025 Cross Insurance Arena Operations Budget and Trustees Budget.
Indexes: Budget, Cross Insurance Arena
Attachments: 1. 2024-25 Budget - Cross Insurance Arena, 2. CIA Trustee Budget 2024-25
Related files: BT 24-004

Agenda Item Request:

title

Approval the 2024/2025 Cross Insurance Arena Operations Budget and Trustees Budget.

 

body

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