Summary
PROVO -- While subscribers to iProvo are increasing, revenue from subscribers to the network during the last fiscal year fell short of projections by more than a quarter million dollars, according to documents obtained this week by the Deseret Morning News.
IProvo's direct revenues from customers were projected to be $562,594 during fiscal year 2004-05, which ended June 30. The actual income was $298,017 -- or 53 percent of projections, according to documents obtained from the city through the Government Records and Access Management Act.See the full content of this document
Extract
Revenues for Iprovo Lag
The city maintained a healthy overall revenue picture for iProvo despite the shortfall because of several serendipitous windfalls unrelated to consumer demand, including nearly $335,000 more than anticipated in interest inco...
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