Saturday, January 14, 2017

VenuWorks: Coliseum Operating Loss of $674,000

VenuWorks is reporting a $674,000 operating loss for the brief time it has managed U.S. Cellular Coliseum, but expects to end the fiscal year April 30 only $585,000 in the red. A great portion of the loss so far was attributed to startup costs and a lull in bookings. Coliseum Executive Director Lynn Cannon will present a financial update on the Coliseum during the City Council meeting at 5:30 p.m. Tuesday at City Hall.

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