Despite the current changes in operation, the Madison Cultural Arts District Budget and Audit Committee was told Monday the city of Madison will continue to provide financial support for the Overture Center.
According to Rob Chappell, spokesperson for the Overture Center, the Center will also change its operating calendar from a year-based budget to a season-based budget at the beginning of July.
The Overture Center was having difficulties operating on a calendar-based budget, Chappell said.
“The calendar year budget does not accurately reflect the way we operate,” Chappell said. “Until this point we’ve been basically guessing what [performances] we’re going to have in the fall and how well they will sell.”
Although the calendar change would allow the Center to plan shows in a more organized fashion and make more accurate budget predictions, the change does not coincide with the city’s budget policies, Chappell said.
He added the city’s budget runs from Jan. 1 through Dec. 31, while the Overture’s new budget will run from July 1 through June 30.
The city’s financial assistance is necessary, especially because the Overture Center is facing financial troubles that are largely a product of the slumping economy, according to Jennifer Post Tyler, director of planning and analysis at the Overture Center.
In October, the