CIB finance staff reported that the board's facilities posted a record year in 2024, with total revenues of $238,000,000, beating 2022 by about $18,000,000. Staff attributed much of the year-over-year increase to a high volume of publicly ticketed events and exceptional attendance at Lucas Oil Stadium and the Indiana Convention Center.

For December specifically, staff provided a month-end recap and noted a positive bottom-line variance relative to budget. Admissions tax revenue was materially higher than budgeted after a major concert run, and an interlocal agreement catch-up payment also arrived in December. Staff said some items that had been recorded on revenue lines for the event were reclassified to expense lines, which left some line items looking irregular while producing a net neutral bottom line.

Key figures and one-time items staff cited:
- Total 2024 revenues: $238,000,000 (record; $18,000,000 higher than prior record year 2022).
- Admissions tax: single-line increases noted (admissions tax reported up by approximately $4,200,000 for the period cited); staff attributed the December admissions tax spike to a high-profile concert series that produced taxable receipts in December.
- Interlocal agreement catch-up: approximately $3,700,000 was recorded in December to adjust a previously budgeted $5,000,000 amount.
- Actuarial pension (PERF) adjustment: $1,200,000 increase in pension expense for the year.
- Capital and equipment purchases late in the year: ~250 new hand-held radios (about $350,000) and ice machines (about $120,000) that had been budgeted as capital but paid from operating budgets, creating variance in line items.
- Grants: staff noted a grant of about $13,000,000 to the Building Facilities Corporation for a future marshaling-yard purchase.

Staff also reported high event attendance for the year, with approximately 2.6 million visitors to Lucas Oil Stadium and the Indiana Convention Center combined. Several large annual events, including Gen Con, the NFL Combine, FDIC and the WNBA Fever events, reached record attendance levels in 2024, staff said. Operating revenues of $72,000,000 were also well above budget, driven by rental, concessions, labor reimbursements and ticket office income tied to events.

Ending: Staff said 2024 was a banner year and thanked the operations and sales teams; they cautioned that some line-item variances were reclassifications or one-time timing effects rather than permanent changes.