Babaamaajimowinan (Telling of news in different places)

Another year, another city subsidy: Sanford Center to ask for $349,609 to cover potential losses

BEMIDJI—The Sanford Center Advisory Board met Friday to review the 2017 budget before it's presented to the Bemidji City Council next week.

According to Mike Piehl, a controller for the Ames, Iowa-based management company VenuWorks who's handling finances until the end of the year, planned expenditures for the Sanford Center total $2,961,237. Total revenue in 2017, meanwhile, is estimated at $2,611,628.

As a result of the revenue to expenditure differential, Sanford Center officials will include a request to the city of Bemidji to subsidize the event facility for $349,609 in 2017. The subsidy, if approved, will be a slight increase from the 2016 number of $349,288.

http://www.bemidjipioneer.com/news/local/4181768-another-year-another-city-subsidy-sanford-center-ask-349609-cover-potential

 

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