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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 self-supported revenue totaled about $239,000 so far in the fiscal year and that weekend bookings are strong; he also forecast additional county requests in future quarters and estimated a possible third-quarter ask of roughly $43,000.
Garrett told the court that capital and maintenance costs—workers’ compensation, janitorial supplies and some electrical and plumbing repairs—have driven expenses above line-item budgets. He said the arena board is evaluating rate adjustments and capital improvements (such as stall mats) intended to increase bookings and reduce the annual subsidy requirement.
Commissioner Wiley moved to authorize the disbursement of $23,673.53 and Commissioner Shook seconded. The motion carried on a recorded voice vote, 5–0.
During the discussion the manager and commissioners noted the arena’s annual shortfall target of $125,000 and said they plan to keep that figure in the FY 2026 budget planning process. Commissioners thanked board volunteers and city staff for increased revenue generation and asked for further financial details in follow-up budget work one-on-one with city staff.
The court’s authorization releases the identified quarter’s funds. Garrett said he will return with rate-change proposals and further budget details during the FY 2026 process.
