Oregon State Fair has funding problems

| Print |  Email
Must Reads
Wednesday, August 22, 2012

The Oregon State Fair's 150th anniversary is expected to turn a slight profit during its 11-day run, but the rest of the year has funding issues.

State officials expect the Oregon State Fair and Expo Center to lose $3.44 million in the current two-year budget. Lottery funds are used to cover the loss. Lottery funds also are used to repay bonds that were used to repair buildings on the fairgrounds and build the 5,000-seat Pavilion.

Officials with the state Parks and Recreation Department are determined to narrow that financial gap. The operating budget for this year’s edition was cut by 17 percent, from $4 million to $3.34 million.

Read more at The Statesman Journal.

{biztweet}oregon fair{/biztweet}

 

More Articles

Fueling Up for the Climb

July/August 2015
Friday, July 10, 2015
BY GREGG MORRIS

Rita Hansen aims to scale natural gas vehicle innovation.


Read more...

The 5 highest revenue-generating parks in Oregon

The Latest
Thursday, June 11, 2015
parksthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.


Read more...

Balancing Act

July/August 2015
Friday, July 10, 2015
BY DAN COOK

The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.


Read more...

Marijuana law ushers in new business age

The Latest
Tuesday, June 23, 2015
062315panelthumbBY KIM MOORE | RESEARCH EDITOR

Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.


Read more...

Flattery with Numbers

July/August 2015
Friday, July 10, 2015
BY JOE CORTRIGHT

The false promise of economic impact statements.


Read more...

Oregon needs a Grand Bargain energy plan

Linda Baker
Monday, June 22, 2015
0622-gastaxblogthumbBY LINDA BAKER

The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.


Read more...

Downtime with Debra Ringold

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Dean of the Atkinson Graduate School of Management, Willamette University


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS