Green Hill CC Lost $600,000 Last Year

Proforma Update

 

Remember the initial proforma??
 

The numbers looked good back then and were based on:

 

  • $100,000,000 stadium
  • $250,000 income from leased parking garage
  • $1,312,000  lease from payment
  • taxes on $91,000,000 of Phase I completed development
  • hotel/ meals taxes

 

The new proforma has to be based on:

  •  $132,000,000 million stadium, which may be higher
  •  no taxes  from Phase I development 
  •  no parking garage lease
  • we hope $1,312,000 million from PawSox
  • no hotel/meals taxes

 

 You are going to have to be very creative to make the new proforma look good?





 

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