Jacksonville, FL - It seemed unbelievable to many of you that the city of Jacksonville didn’t have an accurate grasp of exactly how much money, if any, big name events like Florida/Georgia football brought in.
So WOKV has continued to dig to find just how that could have happened, and what’s happening to change things moving forward.
“That’s the most important thing that my office is doing in this, is understanding how we got to this point,” says City Council Auditor Kirk Sherman.
Sherman’s Office took a heightened role in the meetings of the City Council Special Committee on Sport Development Events Fund two weeks ago. The committee’s main focus is the Navy-Marine Corps Classic, and how that event wound up losing $750,000. Two weeks ago, however, committee members came to the realization that other events could be losing money as well.
Sherman says city protocol right now is for special events to report to the Auditor’s Office within 30 days of an event with revenue, expenses, and other highlights.
“Events that are handled by the Sports and Entertainment board- that particular trust fund- don’t fall under those parameters,” he says.
So over the years, UF-FSU baseball and a few other big ticket items haven’t had the most thorough wrap-up, which includes the total tally.
Sherman wasn’t necessarily shocked that such an audit hadn’t taken place, but rather that there was such a strict dividing line between Sports/Entertainment trust events and all others.
“That’s one of those items that we hope to see change along the way in this process,” he says.
His office is expected to report to the Committee Tuesday with those financial tallies for some of these big events. Moving forward, he will also be spearheading a more uniform accounting and reporting process to make sure all special events in the city don’t cost you more than you think you’re paying.