Rising operational costs force museum to increase fees for the 2nd time. On July 1 adult admissions increased from $10 to $12. Seniors and students pay $9 instead of $7.........
"Attendance remains good", says museum spokesperson David Blanchette, "but our costs continue to go up". Attendance for the first 5 months of 2010 was 130,699. Operational costs were $10.8 million in 2009. Revenues were $2,895,535 so the state paid around $7.45 million of taxpayers dollars to make up the shortfall.
This information should give some pause to the "movers and shakers" as to what is going on with the under-funded Peoria Riverfront Museum that has already spent $12 million or more without a shovel of dirt being turned.
My predictions have long been voiced. The PRM will start losing $2 million dollars a year in its 2nd or 3rd year after opening and that loss will increase as operating costs go up for the next 75 years. Where will the money come to make up the deficit.
You get one guess only.
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