Saratoga 150 will have money for next year
Could there be a Saratoga 151?
The Saratoga 150 committee will likely end the summer with a significant surplus that could be used for future events.
Charles V. Wait, co-chairman of the committee, which was formed to celebrate the start of racing in the city 150 years ago, said Wednesday that the committee doesn’t have any plans yet for the money, but he hopes it can be spent on something with a lasting impact. “I think it should be used for something that will benefit the community for a long time to come,” he said of the surplus.
The committee has yet to close its books, so Wait said it wasn’t clear how much money would be left over except that it would be a substantial sum. Counting money spent by others on Saratoga 150 events, almost $2.5 million was raised, a significant portion through the sale of Saratoga 150 medallions and donated merchandise.
A full story on the remaining money is available HERE
Two Saratoga 150 committee meetings are scheduled to review this year’s accomplishments, which included more than 200 events under the umbrella of Saratoga 150 and 17 signature events, to determine what worked, what didn’t work and what might be done in the future. In gauging the impact of the committee, he said, “The first metric we’re going to use is press [coverage], and I think there is ample evidence that this was successful.”
This summer Saratoga Springs was featured in media outlets all over the world, including The New York Times, Montreal Gazette, Forbes and The Associated Press.
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