Beach Blast blows $56,260
By Marten Lewerth
Daily Forty-Niner
Beach Blast '99, the concert featuring
Smashmouth held in The Pyramid last semester, failed to blast off.
In an Associated Students Senate meeting
held Feb. 28, Richard Haller, chief administrative officer of Associated
Students Inc. disclosed that the Nov. 2 event resulted in a loss of $56,260.
"That's a lot of money to lose," said junior
criminology major Jason Wells, who attended the concert. "But, they did
alright for their first try and I think it was a good idea."
The overall production of the first major
concert sponsored by A.S.I. cost the student organization $83,740, Haller
said. The event sold 1,476 tickets for a concert in a venue that seats
up to 5,000. Ticket prices for the concert that also featured Black Eyed
Peas and Reel Big Fish ranged from $15 to $25.
Despite the deficit, Haller said, A.S.I.
should continue trying to bring entertainment events to CSULB.
"Overall, these kinds of events are good
for the university," Haller said. "In the future, we should start smaller
and work our way up because it will take time and experience before we
can break even on things like this."
A.S.I. Treasurer Rochelle Williams said
that unless there is a $56,000 surplus at the end of the academic year,
the money to cover this deficit will come from reserve funds.
Williams explained that the reserve is
similar to a savings account. Each semester, funds are allocated to the
various departments, affiliates and employees of A.S.I. At the end of the
semester, any unused funds are placed into reserves, which currently holds
more than $250,000.
However, money to cover the concert deficit
will come from surplus reserves that have recently been released to A.S.I.
from campus administration, Williams said.
"This is A.S.I. money from years past that
has been sitting in an account over in Brotman Hall collecting interest,"
Williams said. "It's always preferable to use surplus reserves before regular
reserves to balance the budget."
A.S.I. President Toby Sexton said money
was never the driving force behind the event.
"The purpose wasn't to make money," Sexton
said, "it was to put on a good show for CSULB students."
Sexton also said he encountered many hassles
while gaining approval of artists and a facility for the event.
"The problem with our campus is that it's
expensive," Sexton said. "There's also a lot of bureaucracy involved in
putting on a concert here."
Sexton added that the Beach Pride Referendum
that will raise student A.S.I. fees by $21 if passed during elections March
27-29, has nothing to do with the concert deficit because it deals only
with funding programs of the Athletic Department. |