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For-profit managing Fair Park reveals $2 million shortfall, may need city bailout

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www.youtube.com – FOX 4 Dallas-Fort Worth – 2024-10-07 17:41:08


SUMMARY: Dallas city leaders discovered that Fair Park is facing a financial deficit, with expenses projected to exceed revenue by $2 million for the upcoming fiscal year. The president of Oakview Group 360, which manages Fair Park, indicated that the park may require financial assistance from the city. The closure of the Cotton Bowl for renovations has also impacted revenues. A recent whistleblower raised concerns about the use of donor funds, prompting an audit by Fair Park First, which will be released soon. Changes are anticipated to improve financial stability and transparency moving forward.

Oak View Group 360, the for-profit managing Fair Park for the City of Dallas, revealed it has $2 million shortfall. The group may need a bailout from the City of Dallas.

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News from the South - Texas News Feed

Austin-area transportation project milestones reached in 2024

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www.kxan.com – Kelsey Thompson – 2024-12-23 07:00:00

SUMMARY: Transportation projects in Austin are progressing with significant milestones as 2024 ends. Key updates include upgrades at Austin-Bergstrom International Airport, such as improvements to baggage claim and security screening. The CapMetro transit system opened McKalla Station, revamped its bikeshare program, and seeks community input for Transit Plan 2035. The city also secured $32 million for the Barton Springs Road Bridge replacement and launched initiatives like the Longhorn Dam Multimodal project and improvements under the Vision Zero program for road safety. Major plans like Project Connect aim for a 9.8-mile light rail system, projected to start construction in 2027.

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The post Austin-area transportation project milestones reached in 2024 appeared first on www.kxan.com

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News from the South - Texas News Feed

Weather Impact Alert issued from 8 p.m. to 2 a.m. Christmas Eve

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www.youtube.com – KHOU 11 – 2024-12-22 18:27:42

SUMMARY: Meteorologist Kim Castro warns of weather impact on Christmas Eve due to storms from 8 PM to 2 AM. While the severe weather potential is low (level one), isolated storms could produce hail and gusty winds, affecting Harris County and much of Southeast Texas. Rainfall may reach 1-2 inches, with isolated areas potentially experiencing localized flooding. A shift in high pressure and an incoming front are contributing to these conditions. For safe travel, consider adjusting plans to avoid late-night driving. Christmas Day will be quieter with only early morning showers expected before clear skies in the afternoon. More rain is forecasted later in the week.

The KHOU 11 Weather Team is keeping an eye on two different fronts heading to Southeast Texas.

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Humidity gradually returns, feeling more like spring in the days ahead ~ Mia

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www.youtube.com – KSAT 12 – 2024-12-22 07:16:15

SUMMARY: After a chilly start, temperatures in San Antonio will reach the upper 60s with mostly cloudy skies and returning humidity. Expect a high of 67°F with winds from the southeast at 5-10 mph. Spring-like conditions are expected by Monday afternoon, with highs in the mid-70s through Christmas Eve. A 30% chance of isolated rain will occur in the evening on Christmas Eve, particularly along and east of I-35. Christmas Day will be sunny with a high of 72°F. A low-pressure system may bring more isolated rain chances later in the week. Stay safe on the roads with possible morning fog Monday and Tuesday.

More cloud cover expected today as the humidity gradually returns. Spring-like temperatures are back starting Monday ahead of a small rain chance on Christmas Eve. Here’s the latest with Mia.

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