The budget presented by VCVB to the Valdez City Council shows just over 1.2 million dollars in expenses for 2026. The City Council cash request is for $562,500. It appears the VCVB is banking on big income from new events to pay anticipated expenses for employees and expenses associated with events. The chart below (included in the work session packet) outlines the expected income and expenses for a number of events. Details of how event income will be generated is not included in the proposal.
