Chattanooga Sports Authority Meeting - 12/11/2025

Chattanooga City Sports Authority board · December 12, 2025

0:00/35m

35:51

0:00

10:00

20:00

30:00

35:00

Financial statement summary and fund balance

Presentation

13:51 → 15:14(1m 23s)

Unidentified Speaker (presenter) outlined the consolidated statement showing assets of 78,000,000, liabilities of 97,000,000 and a resulting fund balance of negative 18,000,000; presenter attributed the shortfall to a timing difference between the CIP and assets and said the presentation format will change going forward.

Keywords:

Speakers:Unidentified Speaker 1

The sports authority board received a detailed stadium construction and finance update, was told the ballpark is on track for an April 14 first pitch, and a special meeting was scheduled for Jan. 8 to consider minor revisions to covenants and restrictions tied to adjacent private development.

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Transcript

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