Duluth OKs $235K bailout of Spirit Mountain ski hill

 

December 10, 2019

Alex Kormann – Star Tribune

The ski slopes on Spirit Mountain in Duluth, MN as seen from an airplane on Oct. 30, 2019.

DULUTH – Spirit Mountain's financial woes run much deeper than the $235,000 bailout the Duluth City Council approved for the local ski hill Monday night.

Skier visits have fallen dramatically in recent years. In 2018 they were about one-third the level of four years earlier – and the number of season passes sold has dropped nearly 40% since 2009. At the same time, the mountain's expenses have exceeded its revenue even with city tourism tax support, forcing it to draw down cash balances, state auditor documents show.

http://www.startribune.com/duluth-s-spirit-mountain-bailout-signals-deeper-troubles/565992721/

 

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