Thursday, August 16, 2012

Peoria Civic Center Boasts Positive Financial News

So says the JS on 7/27/12, continuing that the facility has a surplus for 2012 and expects another.

Now read beyond the headlines: "Hotel, restaurant and amusement tax continues to be a major revenue source, with $1,400,000.00 projected during fiscal year 2013.

With depreciation, fiscal year 2013 losses are estimated at $4,400,000.00."

Hm.

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