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Local Arena To End Fiscal Year With Budget Surplus

Jun 21, 2016

Nationwide Arena
Credit wikipedia

Nationwide Arena will end its fiscal year on June 30th with a 416 thousand dollar surplus. 

The Franklin County Convention Facilities Authority says it is working on ways to cover its long term capital repair and improvement plan and loan payment obligations, in part because the casino tax revenue used to support maintance and operations have not been enought to pay for capital improvememts amd repairs. Also there has not been enough money to pay the loans the authority used to purchase the facility.