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The City of Cary, N.C., has renewed a contract with
For instance, the town granted a $222,437 subsidy to cover a revenue gap last year, according to the Cary News, with about $140,225 unused, representing “a banner year for the facility” according to a town staff report.
SMG was credited with putting the tourniquet on some of the spending, asking the city to discontinue the money-losing TinselTown event.
Concerts generated $90,000 more than expected, the paper said. It was the first year Cary worked with