Mild winter aiding Finley Stadium finances
CHATTANOOGA, TN. (WRCB) -- Despite UTC's disappointing 5-6 football season this past fall that resulted in lower attendance at Finley Stadium, the Stadium Corp. has $38,000 more in surplus compared to this time last year.
A mild winter has caused a sizable reduction in utility expenses, and both Stadium Corp. chairman Bryan Patten and executive director Merrill Eckstein believe a balanced budget for the 2011-12 fiscal year is still possible.
The Stadium Corp. no longer receives $60,000 from the city, so there is still $22,000 that needs to be trimmed from now until June 30.
"It's shaping up to be a stable, solid year," board member Gordon Davenport said. "It's the kiss of death to start talking that way, but no drama is good."
Read more on the story from our news partners at the Chattanooga Times Free Press.