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

4 married couples who work together

The Latest
Thursday, January 22, 2015
IMG 0020BY JACOB PALMER | OB DIGITAL NEWS EDITOR

They say maintaining a healthy marriage takes work. So does running a business with your spouse.


Read more...

Communications error

News
Friday, January 30, 2015
BY LINDA BAKER | OB EDITOR

How did an errant email to the Zidell family end up fronting a story in the Oregonian this morning?


Read more...

Convention Wisdom

February 2015
Monday, January 26, 2015
BY KIM MOORE

After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.


Read more...

Justice for All

January-Powerbook 2015
Thursday, December 11, 2014
BY JESSICA RIDGWAY

Lawger upends the typical hourly based fee model by letting clients determine the cost.


Read more...

Corner Office: Sheree Arntson

January-Powerbook 2015
Saturday, December 13, 2014

Checking in with the managing director of Arnerich Massena.


Read more...

Political theater

News
Wednesday, January 07, 2015
0107-orbizplansum14-thumbBY LINDA BAKER | OB EDITOR

The Oregon Business Plan Leadership Summit drew more than 1,000 people to the Oregon Convention Center yesterday.


Read more...

The Carbon Calculus

February 2015
Friday, January 23, 2015
BY KIM MOORE | OB RESEARCH EDITOR

Carbon pricing is gaining momentum in Oregon, sparking concern for energy-intensive businesses — but also opportunity to expand a homespun green economy.


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