Auditors Say Rentschler Lost Money
EAST HARTFORD, Conn. (AP) _ A state auditor’s report says Rentschler Field, the football home of UConn’s Huskies, had a loss in each state budget year from 2008 to 2011.
The Hartford Courant reports that Rentschler Field had losses totaling $9.3 million for 2008 through 2011. Much of it reflects depreciation that accounts for the cost to build the stadium.
Office of Policy and Management Secretary Benjamin Barnes says Rentschler Field, in East Hartford, would benefit from a fuller schedule of sporting events, concerts and other attractions.
Rentschler Field is owned by the state, which pays a company to schedule events. The state will soon place Rentschler in a new agency that also will manage Hartford’s XL Center and Connecticut Convention Center that Barnes said will cut costs and possibly attract more events.
Information from: The Hartford Courant, http://www.courant.com
(Copyright 2012 by The Associated Press. All Rights Reserved.)