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Fieldhouse Fund self-sustaining at about $1.7M, city says earnings go back into operations
Summary
The Fieldhouse Fund is described as self-sustaining and generating about $1.7 million from tournaments, rentals, sponsorships, memberships, camps and concessions; nearly all revenue is reinvested in operations.
City presenters described the Fieldhouse Fund as largely self-sustaining, generating roughly $1,700,000 through tournaments, rentals, sponsorships, memberships, camps and concessions and returning most of those earnings to operate the facility.
"I'm completely self sustaining, generating about 1,700,000 through tournaments, rentals, sponsorships, memberships, camps, and concessions," the Fieldhouse Fund representative said, adding that nearly everything earned supports fieldhouse operations. The city positioned the fund as a user-fee-supported facility rather than a general-tax-supported program.
