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Commissioners Approve Cross Insurance Arena 2025–26 Operating and Capital Plans; Budget Shows Narrow Shortfall

3478443 · May 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved the Cross Insurance Arena’s 2025–26 operating and capital budgets. Management projects a modest operating deficit for 2025–26 that will require additional event bookings; capital spending of roughly $280,000 is planned to address deferred maintenance and audio‑visual and facility needs.

The Cumberland County Board of Commissioners approved the Cross Insurance Arena’s 2025–26 operating, capital and trustees budgets after a presentation by General Manager Mike Locanti and staff.

Locanti told commissioners the arena has operated in the black for four consecutive years but projects a $304,000 operating deficit for 2025–26 as currently booked. He said staff expects to close the shortfall by adding events and diversifying bookings, including conferences…

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