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Young County approves $23,673.53 disbursement to cover arena operating deficit
Summary
The commissioners approved a $23,673.53 payment to cover the Young County Arena operating deficit for the current quarter, and heard a quarterly financial update projecting larger requests later in the fiscal year.
The Young County Commissioners Court authorized a quarterly disbursement of $23,673.53 to support the Young County Arena’s operating deficit under the county’s lease agreement with the City of Graham.
Eric Garrett, identified in the meeting as the Grand (City) manager, presented the second-quarter financial report for the arena and asked the county to authorize the indicated disbursement. Garrett said arena…
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