KKTV 11 News | Colorado Springs, Pueblo | News

State Fair Losing Money, Needs Help From Lawmakers

By: AP
By: AP
The government entity that runs the Colorado State Fair had another year of operating losses and needs additional tax money to ensure the Fair

Colorado State Fair, 2011

The government entity that runs the Colorado State Fair had another year of operating losses and needs additional tax money to ensure the Fair's survival.

That was the message from a state audit released Tuesday. The Colorado State Fair Authority had a $2.8 million operating loss last year -- a loss that was $400,000 more than the year before.

According to the audit, the State Fair has experienced operating losses for more than 10 years. Fair officials say attendance has declined during the last two years. The annual average attendance has been close to 500,000.

The audit recommends that that fair officials seek funding from the Joint Budget Committee, but did not specify how much.

The Fair is held in Pueblo annually for 11 days in August and September.


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