Grossinger Motors Arena again ends fiscal year in the red

Local News

Grossinger Motors arena in Bloomington has ended another fiscal year in the red. 

According to documents which will be discussed at next week’s City Council meeting, the arena ended the year $665,099 in debt. 

VenuWorks, the company selected in 2016 to manage the arena, planned on ending with a negative balance but had only planned on being short $308,884. 

In the first year, VenuWorks ended the year with a negative balance of $674,000. 

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