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Devils Lake Journal - Devils Lake, ND
  • GF events center's financial outlook rosier

  • GRAND FORKS, N.D. (AP) — Grand Forks' Alerus Center is expected to have a $460,000 surplus this year.


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  • GRAND FORKS, N.D. (AP) — Grand Forks' Alerus Center is expected to have a $460,000 surplus this year.
    The center usually runs at a loss. It had a $49,000 operating deficit last year. It gets a subsidy from a city hospitality tax, and the expected profit includes the tax revenue.
    The commission that oversees the center's operations voted Tuesday to put the expected surplus into a reserve fund.
    The Grand Forks Herald reports that as of June 30, more than 147,000 people had attended Alerus Center events this year. That's an increase of 35 percent from the first six months of last year.
    Center director Cheryl Swanson says it's more appropriate to look at five-year trends in judging the success of the center, instead of individual years or three-month periods.

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