There web site can be found at http://www.massport.com. Their annual report can be seen at http://www.massport.com/about/pdf/c_fy05_cafr.pdf
Here are some real interesting things in the annual report. Check out page Hancom Field financial numbers on page 116 of page 118. Revenues in fiscal 2005 were 6.2 million with operating expenses of 6.5 milion for an operating deficit of 249,000 before debt service. I believe ORH had an operating deficit of 1,800,000 last year before debt service.
Page 101 of 118 shows the top 20 destinations out of Boston. Why do we waste our time on surveys when we have this information so readily available.
Page 81 of 118 payment in lieu of taxes (PILOT) made by MassPort to Chelsea, Boston and Winthrop. Maybe this could set a precedent for the colleges. Right now ORH pays nothing in taxes to the City of Worcester.
Page 8 and 80 of 118 information on ORH. MassPort has kicked in alot of monies to ORH to cover the annual shortfalls.
Lastly September 11 ORH Board Minutes still not on-line.
Same Time Next Year
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It’s been nearly a year since I wrote about the problems that come from
having 11 bosses who are not on the same page about anything, as well as
suggestion...
4 months ago
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