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Fargo Home Authority reports February surplus after strong event revenue

Fargo Home Authority · March 31, 2026
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

General manager Rob reported a $287,800 surplus for February and a year‑to‑date surplus of about $233,500, citing strong concert and trade‑show income and an Xcel Energy credit; some events and labor costs underperformed or rose, officials said.

Rob, the Authority’s general manager, told the board the month ending February 2026 produced stronger‑than‑expected event revenue and a modest surplus. "We had 11 events with an attendance of just over 41 and a half thousand people" and "a net surplus for the month of February of 287,800," he said during his report.

Why it matters: The facility’s event lineup — from trade shows to concerts and sporting events — drives most operating revenue. Rob said total event income for February was about $622,000 versus a budgeted $605,000 and…

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