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Indianapolis Loses More Than $1 Million For Hosting Super Bowl

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Eli Manning of the New York Giants celebrates with the Vince Lombardi trophy after the Giants won 21-17 against the New England Patriots during Super Bowl XLVI at Lucas Oil Stadium on Feb. 5, 2012 in Indianapolis, Ind. (credit: Rob Carr/Getty Images)

Eli Manning of the New York Giants celebrates with the Vince Lombardi trophy after the Giants won 21-17 against the New England Patriots during Super Bowl XLVI at Lucas Oil Stadium on Feb. 5, 2012 in Indianapolis, Ind. (credit: Rob Carr/Getty Images)

NDIANAPOLIS (AP) — City officials in Indianapolis say it lost slightly more than expected in hosting this year’s Super Bowl.

Leaders of the city’s sports and convention board say final figures on tax revenue and expenses show it lost $1.1 million on the February game, about $300,000 more than expected.

The biggest expenses were paying $3.6 million toward police and fire protection. The Capital Improvement Board received about $2.9 million more in hotel, restaurant and auto rental taxes during the Super Bowl period than during the same time a year earlier.

Board president Ann Lathrop told reporters Monday that the $1 million cost was a good investment for the national exposure the city received and that it could be absorbed in the agency’s operating budget.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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