City Reveals Revenue Numbers For Fieldhouse
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Capital Improvement Board in Indianapolis has released its first revenue and tax report for Bankers Life Fieldhouse. Fieldhouse Management LLC, which runs the venue, reports more than $7.7 million in sales, food and beverage and admission taxes were collected between July 2013 and July 2014. In the first six months of the year, the fieldhouse collected nearly $3.5 million in revenue and spent $6.2 million on expenses.
You can read the full report by clicking here.
The information is required to be released quarterly as part of a 10-year lease agreement between the CIB and the Indiana Pacers.
It includes $160 million for maintenance and improvements.
Source: The Capital Improvement Board