Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the District Revenue topic
No spam. Unsubscribe anytime.
Administration previews PowerAd advertising partnership to generate facility revenue
Summary
Administrators presented an informational proposal for a 10‑year advertising partnership with PowerAd to generate revenue from stadium, gym and field‑house signage under a proposed 50/50 revenue split; the superintendent would approve ads and the contract could be terminated at any time.
Administration presented an informational overview of a proposed advertising partnership with PowerAd as a potential new revenue source. Under the proposal PowerAd would install advertising in District facilities such as the stadium, gym and field house under a proposed 10‑year agreement and a 50/50 revenue split. The minutes record that the superintendent would approve all advertisements, the contract could be terminated at any time, and the agreement had been reviewed by the District's attorney.
Board members discussed potential benefits and concerns about impacts on athletic event ambience and asked for additional information before any action was considered at a future meeting. The minutes list PowerAd as a national company working with more than 50 Chicagoland school districts; no revenue projections or dollar figures were recorded in the meeting minutes.
