Sports authority cuts back on obligations - East Valley Tribune: East Valley Local News

Sports authority cuts back on obligations

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Posted: Monday, November 30, 2009 9:54 am | Updated: 1:50 am, Sat Oct 8, 2011.

Youth sports activities are expected to take a hit after the state sports authority announced a funding scale back.

Along with youth leagues, the Arizona Sports and Tourism Authority is holding back funds for renovating spring training facilities in Scottsdale and Tempe.

The sports authority said it will make a $16 million debt payment on its largest obligation, University of Phoenix Stadium.

The cutbacks to youth sports and spring training are a result of fewer dollars collected on Maricopa County hotel-room and car rental taxes.

The sports authority budget, approved in June, estimated $35 million in revenue and a $3.4 million deficit if all obligations were covered.

The latest projections show revenue closer to $31.5 million this fiscal year with the deficit about the same because of the cutbacks.

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