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Stride Bank Center: managers outline bookings, sponsorships and modest budget gap
Summary
Venue managers briefed the commission on bookings, new sponsorship deals, capital improvements and efforts to diversify event types; a modest operating shortfall was noted in current projections.
City commissioners heard an extended briefing from Stride Bank Center management about the venue's operating performance, recent capital improvements and strategies to increase bookings and sponsorship revenue.
Managers told the commission hotel-motel tax revenue for the venue is budgeted at about $1 million for the coming year, up roughly $50,000 from the current budget. The city funds capital responsibility for the venue; staff said a recent capital investment…
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