- Associated Press - Wednesday, July 15, 2015

PUEBLO, Colo. (AP) - The Colorado State Fair could be ending its 146-year run in Pueblo as a legislative committee looks to fix the event’s cash flow problems.

The Denver Post reports (https://dpo.st/1SmbSEK ) that the fair has been losing money and depending on millions of dollars in taxpayer subsidies for the last 13 years. Auditors told legislators Tuesday that there is no solution if the fair remains at its current location.

Members of the Legislative Audit Committee suggested the fair move from Pueblo to another Colorado community that might bid for it.

The city of Pueblo has cut financial support of the event by two-thirds the last three years. It generates about $29 million in economic impact to the area.

The fairground lost $3.3 million last year and receives about $2 million in state and local contributions.


Information from: The Denver Post, https://www.denverpost.com

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide