November 16, 2024 11:54 pm
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Glendale arena management reports $2.8M deficit

ArenaBy Darrell Jackson | The Glendale Star

The monthly City of Glendale Arena Revenues and Expenditures report was released for the month Oct. 31, 2014 and it shows that revenues over expenditures show a severe deficit for the city.

After the first three months of the fiscal year (July to September), the Gila River Arena report revealed that the management deal had an excess of $119,342. After the October report was released, the deal now shows a deficit of $2,818,342.

Continued:

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