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Tourism staff report rodeo roughly broke even after weather-related loss last year
Summary
Staff presented preliminary rodeo finances showing roughly $70,130 in expenses and $86,810 in revenue for a positive figure of about $16,680 before one outstanding partnership payment. Major costs included $41,025 for bleacher rentals and roughly $20,500 for rodeo performance fees.
A tourism office staff member presented preliminary financial numbers for the recent rodeo, saying receipts and reported expenses produced roughly $86,810 in revenue against $70,130 in expenses.
“We're still, I believe, waiting on a check from the partnership for the electric,” the staff member said, noting that the outstanding payment (about $250) may slightly change final totals. Based on current bookkeeping, the staff member said the event would show a positive $16,680 this year after last year’s weather-related loss of about $15,000.
Staff identified the largest expenses as the bleacher rental ($41,025) and the rodeo performance fees ($20,500). Ticket-sales revenue to date was reported at about $64,003.10, with remaining revenue coming from sponsorships.
The staff member cautioned that figures were not final because prize-money adjustments and a small partnership electric payment were still pending. Commissioners thanked volunteers and aldermen who helped with tickets and noted that the final accounting would be provided once all receipts and reimbursements are reconciled.
