Midland Horseshoe Arena "Revenues"
There is no web link yet for today's Reporter-Telegram article on the losses being incurred by the Midland Horseshoe, but I was struck by two back-to-back paragraphs.
"While we never expected the complex to make money, we have taken steps to bring in more revenue," Commissioner Randy Prude said Tuesday.This includes the county's move to collect hotel and motel taxes that it began to receive this year. As of April, the county collected nearly $74,000, according to the data.
Uh, guys? Taxes are not really revenues. They are just expenses borne directly by the public rather than borne indirectly by the public through the county.
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