Ask AI
Opens the assistant with a question about this page. Answers come from the AI, not this site.
ChatGPTClaudePerplexity· Related development
2021/22 venue district budget adds a $1,865,000 Civic Center improvement account
The board adopted a 2021/22 budget with $3,340,059 in anticipated revenue and $4,495,301 in expenses, drawing the projected reserve from $6,443,451 to $5,288,209. Storrs said hotel occupancy and vehicle rental tax receipts were coming in stronger than anticipated. Civic Center Manager Sherman Bass presented $1,865,000 in Civic Center improvement projects, the first Civic Center improvement account in the budget minutes reviewed; Tri-State projects totaled $616,037 and the board raised event development to $250,000.[1][2]
What the sources say
- ✓ Verified
The 2021/22 budget projected a $6,443,451 beginning available balance, $3,340,059 in revenues and $4,495,301 in expenses, for a September 30, 2022 reserve of $5,288,209. Tri-State Participation projects totaled $616,037, Civic Center Improvement projects $1,865,000, and requested event assistance $200,000; Vance Reed's motion to raise the Event Development account to $250,000 and approve the rest carried unanimously. [1]
- Revenue
- $3,340,059
- Expenses
- $4,495,301
- Civic center improvements
- $1,865,000
- Tristate projects
- $616,037
- ✓ Verified
On November 16, 2021 Sherman Bass told the board the approved Civic Center projects were underway; on June 21, 2022 interim Civic Center manager Bo Fowlkes said the district-funded Civic Center projects were scheduled to be completed in late July or early August 2022. The minutes do not list the individual projects. [3][4]
