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Thursday, April 25, 2024

Leesburg takes on more responsibility for Bikefest as revenues decline

Leesburg commissioners approved a resolution Monday which would transfer Leesburg Partnership Inc. assets to the city including equipment, facilities, naming rights to Bikefest and cash to the city. The Leesburg Partnership had asked the city to handle major city events including the Leesburg Bikefest and approved the asset transfer on Sept. 7.

The commissioners had approved the creation of a special events division at the Aug. 28 meeting as the revenue from recent Bikefest and other special events has declined in recent years.

Leesburg had provided funding to the Leesburg Partnership and collaborated with the Leesburg Partnership in the planing and operation of city festivals such as Bikefest and similar events over the years. The resolution approved by both the city and the Leesburg Partnership would end its direct involvement in city events.

The special events division has been included in the proposed city budget for 2023-24. The new division proposed budget is $450,000.

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