News From Terre Haute, Indiana

Local & Bistate

May 15, 2012

Super Bowl costs Indianapolis more than planned

INDIANAPOLIS — City officials in Indianapolis say it lost slightly more than expected in hosting this year’s Super Bowl.

Leaders of the city’s sports and convention board say final figures on tax revenue and expenses show it lost $1.1 million on the February game, about $300,000 more than expected.

The biggest expenses were paying $3.6 million toward police and fire protection. The Capital Improvement Board received about $2.9 million more in hotel, restaurant and auto rental taxes during the Super Bowl period than during the same time a year earlier.

Board president Ann Lathrop told reporters Monday that the $1 million cost was a good investment for the national exposure the city received and that it could be absorbed in the agency’s operating budget.

 

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