Historic Triangle Recreational Facilities Authority Meeting Agenda April 2026
HTRFA Reviews FY27 Kemper Operations Budget Plan
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Description
The Historic Triangle Recreational Facilities Authority reviewed the FY2027 budget assumptions tied to its management agreement with Kemper Corporation for operating the Greater Williamsburg Sports & Event Center. The FY27 plan anticipates Kemper-managed revenues of approximately $2.44 million and expenses of about $2.96 million, with HTRFA subsidizing the projected operating deficit over the July 1, 2026–June 30, 2027 fiscal year.
Contract Details
Vendor
KEMPER CORPORATION
Agency
City of Williamsburg, VA
Contract Type
PROFESSIONAL_SERVICES
Document Date
April 6, 2026
Contract Term
Fiscal Year 2027 (July 1, 2026 – June 30, 2027)
Renewal Date
2027-06-30
Renewal Info
Budget materials assume continued operation by Kemper Corporation through FY27 under the existing management agreement; no explicit renewal action is recorded in this agenda.
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