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Tuesday, March 09, 2010
Smaller crowds at O’s games hurting stadium authority’s bottom line
LIZ FARMER ―
Daily Record
Revenue declining at MSA
Lower attendance at Orioles games hurting authority’s bottom line
Times may be tight, but the state agency that oversees many of Maryland’s entertainment and sporting facilities believes it can make up the difference by continuing to attract more high-profile events to Baltimore.
The Maryland Stadium Authority, which manages Camden Yards and M&T Bank Stadium, will likely be getting roughly the same operating budget from the state for fiscal 2011 as it did this year, save a $15.7 million reduction from non-budgeted funds that was for one-time capital expenditures this fiscal year. The state money goes toward debt service on facilities.
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