Chevy Centre's performance record


The Chevrolet Centre released its 2006-07 second quarter financial report showing a profit far less than the amount projected by Global Entertainment Corp., the company that manages the city-owned arena. Here are Global’s projected and actual profit/loss amounts.

1st fiscal year (October 2005 to September 2006):

Projected: $652,264 profit

Actual: $23,653 loss

2nd fiscal year

1st quarter (October to December 2006)

Projected: $356,446 profit

Actual: $144,323 profit

2nd quarter (January to March 2007)

Projected: $458,564 profit

Actual: $27,440 profit

3rd quarter (April to June 2007)

Projected: $88,424 loss

4th quarter (July to September 2007)

Projected: $96,632

Sources: Global Entertainment Corp., Youngstown city finance department