ROANOKE CIVIC CENTER AT A GLANCE

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, March 2, 1993                   TAG: 9303020186
SECTION: VIRGINIA                    PAGE: C4   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short
ROANOKE CIVIC CENTER AT A GLANCE
ROANOKE CIVIC CENTER AT A GLANCE Shows in fiscal year 1991-92: 204 events, 460,000 spectators (274,000 from Roanoke Valley, 184,000 outside the valley), facility used 70 percent of the days.
Spectators: Spent $20 million in the valley for food, lodging, shopping and other items.
Taxes: Civic Center generated $1,350,000 in tax revenues for the city in fiscal 1991-92. This includes the admission, lodging and meals taxes, in addition to sales taxes and other levies.
Finances: The center's operating expenses totaled $1.7 million. Operating revenue was $1.3 million (this includes building rentals, concessions and parking fees). The center's operating deficit was $409,000.
Net revenue for the city: $941,000. This was calculated by subtracting the $409,000 deficit from the $1,350,000 in tax revenue generated by the center.

by Archana Subramaniam by CNB