this post was submitted on 14 Feb 2024
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Do those numbers include advertising revenue? My city including ad revenue makes a small profit and they're thinking of doing the free fair thing.
Appendix A in the report does.
All told, their total operating revenue was 9.9bil, operating expenses were 13.1bil without including depreciation and pensions,etc which brought it to 16.1bil. that doesn't include any improvements (capital) works or their debt servicing.