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More coverage of Tour of Missouri crisis

Several Missouri news outlets have posted stories about the possibility that Missouri Gov. Jay Nixon's administration may cut off $1.5 million in state funding for the Tour of Missouri bicycle race:

• St. Louis Post-Dispatch
• KMOX-AM 1120 (Radio interview with Lt. Gov. Peter Kinder, the major backer of the race in state government)
  
• Kansas City Star
• VeloNews
• Springfield (Mo.) News-Ledger
• Missouri Bicycle Federation
  

I'm sympathetic to the desires of Missouri leaders to balance the budget -- I live in a state, Illinois, that has a much more serious financial crisis than Missouri -- and I believe in the long run the Tour of Missouri has to ween itself off state funding. However, I think the $1.5 million is money well-spent because of the tourism dollar and international attention the race brings to Missouri.

Labels: Tour of Missouri

Roger 1 comments links to this post 10:13 AM

Comments:

My first thought when I heard about this was -- ONLY $1.5 million? That is such a small amount compared to the amount of revenue (much from out or state) that the event generates.

Very few programs get that kind of return on investment.

# posted by  Murali Krishnan : 2:25 PM

 

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