The Aliso Viejo Aquatic Center’s construction was funded through a special Mello-Roos tax on homeowners in the Glenwood development. Though revenue topped $151,000, it wasn’t enough to cover more than $222,000 in expenses to run the Aliso Viejo Aquatic Center last year, according to the O.C. Register.
The Aliso Viejo Conference Center, another facility funded through the Glenwood tax district, made less money than expected last fiscal year, though it turned a profit, managers reported in October. The center’s revenue of $602,648 for fiscal 2012-13 more than covered the $253,412 in operating expenses.
The aquatic and conference centers together cost about $11 million to build, city documents show. Continue reading