Friday, July 10, 2009

Tour of Missouri in jeapordy

The Missouri Department of Economic Development wants to eliminate all state funding for the Tour of Missouri.

The department needs to cut nearly $10 million from its budget due to the state's fiscal crisis. Tour of Missouri organizers say the state provides about half of their $3.3 million budget and cuts would be a death blow to the race.

According to the governor's office, the state's $1.5 million in the Tour of Missouri resulted in $30 million in revenue for vendors, about half of which came from non-residents who traveled to the state for the race.


1 comment:

End Pavement said...

Talk about penny wise and pound foolish.