As the Lenexa Public Market continues to grow in popularity and revenue streams, city staff report the market is inching closer to the city’s goal of self-sufficiency.
The Lenexa city council in December 2018 had agreed to subsidize public market operations for two years using transient guest tax revenues generated by hotels. Mike Nolan, assistant to the city manager, said the city will consider making a similar transfer during upcoming budget discussions.
Expenditures for the public market were about $369,000 in 2019, and revenues were about $225,000, so the city transferred roughly $143,000 from the tourism and convention fund to make up the difference.
(Read more: Prairie Village Post