December 11, 2013 Contact: City Manager, 309-434-2210,
[email protected] FOR IMMEDIATE RELEASE U.S. Cellular Coliseum Reports 2nd Quarter Net Operating Loss CIAM Reports Year-To-Date net operating loss of $300,848, which is $43,603 under budget “Historically our first six months have come in lower in comparison to our last six months, which is expected to have a large up-swing in revenue.”- Bart Rogers, V.P. of the U.S. Cellular Coliseum. Officials with Bloomington’s U.S. Cellular Coliseum are reporting a net operating loss of $239,205 in the second quarter, for a six-month net operating loss of $300,848. Approximately $41,000 was spent on building repairs and maintenance to the building’s HVAC system, Ice Plant, bowl speakers and outside handrails. However, staff had budgeted the Coliseum to be at -$344,451 at this time, so it is doing $43,603 better than expected for the first six months. “We experienced a couple of shows in the second quarter that resulted in lower than expected performance at the box office.” said Bart Rogers Vice President of the U.S. Cellular Coliseum. “But the remaining schedule of events has some very strong performances and we hope to make it up during that time. Historically, our first six months have come in lower in comparison to our last six months, which is expected to have a large up-swing in revenue.” The Coliseum had a cumulative attendance of 48,134 from the events spanning August through October. The Bloomington Thunder professional hockey team opened their season in October versus their new rival the Peoria Rivermen in front of 4,306 fans.