Chevy Centre reaches financial milestone
YOUNGSTOWN —Even though the Chevrolet Centre lost $10,669 in the April-to-June financial quarter, it reached an important financial milestone.
It’s the first time in the center’s operating history, which began October 2005, that it finished its third fiscal quarter with a profit.
In the nine months ending June 30, the center had a $110,669 profit, according to figures released Wednesday by the city. (The center’s fiscal year starts in October and ends the following year in September.)
In comparison, the center lost $205,215 in April to June 2007 on its way to ending that fiscal year in September 2007 with a $254,388 deficit.
Read more in Thursday’s Vindicator and Vindy.com
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