A look at the Woman's Basketball Hall of Fame

Everyone is talking about Beck Center...well what about the Woman's Basketball Hall of Fame. I did some number crunching and it is shocking.


With the assistance of the mayor's office I got this response in a quick timely and professional manor...

Dan,

Recently, you asked me several questions about the funding and operation of the Women’s Basketball Hall of Fame. Specifically, you asked how the $150,000 in Knox County funds that WBHOF receives is used, what is the nature of Knox County’s ownership of the building, and what are the attendance totals.

Although I am not the custodian of the records pertaining to attendance, I asked the question of KTSC on your behalf. Below, you will find a table for this year’s monthly attendance at the WBHOF through April. According to Kim Bumpas at KTSC, the total 2010 attendance was 31,529.

To answer your other questions:

Knox County owns the building and continues to pay debt payments on the capital bonds that were used to fund its construction.

The Knoxville Tourism and Sports Corporation operates the Women’s Basketball Hall of Fame as part of a contractual agreement with Knox County. Under that agreement, Knox County pays $150,000 annually for the maintenance and upkeep of the building, which, as I said, Knox County owns. A copy of the contract and its various amendments is attached.
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For the fiscal county budget ending June 30th 2011 Knox County Government spent in the Budget for the Hall of Fame
http://www.knoxcounty.org/finance/pdfs/2010_2011_budget/2011_adopted_budget_detail%20.pdf

Principle payment $510,000.00 on the interest we paid $155,263.00 plus the $150,000.00 in maintenance = $815,263.00 we had a yearly attendance of 31,529 so that means the county spent $25.86 PER PERSON!

Suddenly, Beck center looks like a bargain

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