EVANSVILLE, Ind. (AP) _ The Evansville City Council has approved a 2016 budget that slashes the Victory Theatre's operating budget in half.
The council approved the city's budget Monday night, including a cut in Victory Theatre's operating budget from $700,000 to $350,000. The Evansville Courier & Press (http://bit.ly/1kam9tF ) reports the theater loses money annually.
The theater was built in 1921 and reopened in 1998 after a $15 million renovation. The 1,950-seat venue is on the National Register of Historic Places, and it regularly has concerts, comedy, dance acts and other performances.
Dave Rector, executive director of the Evansville Vanderburgh Building Authority, says cuts to Victory Theatre's budget “will have a real serious consequence.'' He says he doesn't know where the theater will have to make cuts, but that he thinks it can survive it.
