City-Parish government typically pays an annual $500,000 subsidy to the Cajundome. Tonight, the council will consider allocating an additional $250,000 to help the cash-strapped dome make it through its fiscal year, which ends Oct. 31. The dome is facing a perfect storm of financial woes, including a major hike in property insurance, a court-mandated requirement to pay sales tax on revenue, the loss of UL’s football and baseball concessions contract, minimum wage increases, increased production costs and event cancellations stemming from the national recession.
Cajundome Director Greg Davis has been meeting individually with council members about the issue. Reached this morning, council chairman Purvis Morrison says he supports giving the dome the money. “I can’t tell you what the other council members feel but I have no problem with it,” Morrison says. “I sat with Mr. Davis and he opened his books and showed their performance and how he has tried other measures before coming to us and asking for extra money. He’s laid people off, part time and full time people, and cut back on certain things in the operation.” Morrison also notes that the $250,000 the dome is asking for will serve as a reserve-fund of sorts and that the dome may not have to tap the entire amount to get through the year. “We’re hoping that everything gets back to normal next year,” he adds.
When is the city going to do something about Greg Davis?
How long are we going to subsidize this man's failure to do anything profitable with the dome? I'm tired of seeing my tax money paying for the failure of the dome. They get the same tired entertainment year after year.
It's time for a new act and we should start with the management.
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How long are we going to subsidize this man's failure to do anything profitable with the dome? I'm tired of seeing my tax money paying for the failure of the dome. They get the same tired entertainment year after year.
It's time for a new act and we should start with the management.