City of Stockbridge Financial Update: Amphitheater at the Bridge – Fiscal Year 2025 (As of August 31, 2025)
The Amphitheater at the Bridge is currently experiencing a significant revenue shortfall, necessitating an amendment to its budget. Below is a summary of the financial situation and proposed adjustments:
Revenue Shortfall: The amphitheater budgeted $2,600,000 in revenues for fiscal year 2025. However, actual revenues to date amount to $1,057,637.10, representing only 41% of the original budgeted amount.
Expenses Exceed Budget: While $2,600,000 was budgeted for expenses, actual expenditures have already reached $3,664,364.90 – exceeding the budget by $1,064,364.90.
Funding Adjustment: To address the shortfall, the difference between revenues and expenditures will be covered by a transfer from the General Fund. This transfer will be used to balance the Amphitheater Enterprise Fund and ensure the operation remains financially viable.
That document is found in tonight’s September 30, 2025 meeting agenda. https://stockbridgega.portal.civicclerk.com/event/2910/files/attachment/10351
My more nerdy readers will again note the fact this document was authored in the City of South Fulton by Nina Robinson in September 2019. At this point I assume Mr. Milazi keeps a blank of this Power Point and edits in the new details per each presentation. So when the file is saved it preserves the original creator and date in the EXIF data. I’m not saying Ms. Robinson authored this document for the city currently.
