McCormick Place tallies up COVID financial hit – Crain’s

With no clear end in sight to the pandemic-induced statewide shutdown, MPEA also approved a modified budget for the rest of its fiscal year, which ends June 30. The agency said it now projects revenue for the year will be about $222.5 million, almost $93 million less than it originally budgeted. Net operating losses for the fiscal year are expected to come in around $36.7 million, compared with about $700,000 of net operating income in the original budget.