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Lerner Theatre board hears year-to-date deficit, city subsidy rises
Summary
At its Nov. 12 meeting the Lerner Theatre Governing Board reviewed a treasurer's report showing year-to-date expenses rose about $330,000 versus the prior year and that the theatre is operating at a deficit through September; staff said the council budget includes a larger city subsidy this year.
The Lerner Theatre Governing Board on Nov. 12 reviewed financial results through Sept. 30 that board members said show higher expenses and a year-to-date operating deficit.
The treasurer (name not specified) told trustees the packet shows year-to-date expenses of roughly $1.65 million, about…
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