Sioux Falls City Council financial update reveals some interesting tidbits

I guess I missed the first part of the informational meeting where financial director Mr. Pritchett revealed some interesting things going on. I appreciate Shawn’s honesty.

The first thing he reveals is that Sioux Empire Community Theatre owes SMG or Global, or whatever they are calling themselves these days $74K for past rentals of the Orpheum and that they have an agreement to pay $1,000 a month until it is paid up. What a deal! The Pavilion, which runs the Orpheum now requires the SECT to pay rent for events now with 50% up front.

Then there is the Event Center that actually pulled in less revenue last year, but get this, made a bigger profit (according to Global). I guess when you don’t have to pay anybody (part-timers) to work events (because very few are going on) you make more money. Go figure. I wonder if we mothballed the place we could make even more money!

We also found out why we had to ‘repair’ the HVAC system at the Denty, because it has severely malfunctioned causing leaks in the roof and damage to the ceiling. So now we have the siding and the HVAC system, makes you wonder what other things we cut corners on. A former Denty employee told me once “Don’t lean too hard on the interior walls, you may fall thru.”

Speaking of leaky stuff, the Pavilion is requesting around $6 million to fix the roof and railing on the roof. Where are they getting their bids? Certainly not from Mitchell Roofing 🙂

We also got to hear about the deteriorating Sioux Falls Stadium and what we are going to do with that money pit, but that discussion really didn’t go anywhere – as usual.

Yet we need to charge non-profits who actually bring successful events into Sioux Falls that drive the economy $70 an hour, per officer, for police protection. Go figure. As one of my former co-workers used to say about our boss/owner of the company we worked for, “He’s concerned about pennies as dollars are flying out the window.”



4 comments ↓

#1 scott on 11.19.19 at 9:39 pm

does global or whoever, consider concessions as part of their profit? since last stampede season, which ended may, concessions across the board went up $1 on each item.

#2 DIET COKE. I'M ON IT. on 11.19.19 at 11:51 pm

With everyone on meth nowadays, what do you expect?

#3 D@ily Spin on 11.20.19 at 3:57 pm

Irregularity in city accounting, what’s new? Does anyone trust their expenditures? It always costs more than the going rate and dishonorable mention itself is another 100k.

#4 HEMP. WE'RE NOT ON IT. on 11.20.19 at 6:13 pm

Now, this HVAC system issue, is it the same company that did the HVAC for the new administration building?