Tour of Missouri in jeapordy

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Friday, July 10, 2009
By Yokota Fritz


The Missouri Department of Economic Development wants to eliminate all state funding for the Tour of Missouri.

The department needs to cut nearly $10 million from its budget due to the state's fiscal crisis. Tour of Missouri organizers say the state provides about half of their $3.3 million budget and cuts would be a death blow to the race.

According to the governor's office, the state's $1.5 million in the Tour of Missouri resulted in $30 million in revenue for vendors, about half of which came from non-residents who traveled to the state for the race.

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Talk about penny wise and pound foolish.
 
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