BOSSIER CITY, LA (AP) - As Bossier City tries to deal with a $6.5 million projected budget deficit, some officials are noting that the arena the city built 10 years ago is a money-loser.
Since opening in 2000, CenturyTel Center has lost $665,985 for Bossier City. But officials say the arena is so popular with locals that it may be worth operating at a loss.
The 14,000-seat arena is home to the Mudbugs hockey team and other athletic contests, as well as concerts and other events.
The arena has made money in some years, according to a Friday story in The Times of Shreveport, but correcting some construction problems has added to cost.
Also, the arena lost revenue when it was used as a shelter following Hurricane Katrina.