Dave Unruh

Intrust Bank Arena loss for 2019 nears $5 million

Intrust Bank Arena loss for 2019 nears $5 million

A truthful accounting of the finances of Intrust Bank Arena in downtown Wichita shows a large loss. The true state of the finances of the Intrust Bank Arena in downtown Wichita are not often a subject of public discussion. Arena boosters cite a revenue-sharing arrangement between the county and the arena operator, referring to this as profit or loss. But this arrangement is not an accurate and complete accounting, and it hides the true economics of the arena. What's missing is depreciation expense. There are at least two ways of looking at the finance of the arena. Nearly all attention…
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The finances of Intrust Bank Arena in Wichita

The finances of Intrust Bank Arena in Wichita

A truthful accounting of the finances of Intrust Bank Arena in downtown Wichita shows a large loss. Despite hosting the NCAA basketball tournament, the arena's "net income" fell. The true state of the finances of the Intrust Bank Arena in downtown Wichita are not often a subject of public discussion. Arena boosters cite a revenue-sharing arrangement between the county and the arena operator, referring to this as profit or loss. But this arrangement is not an accurate and complete accounting, and it hides the true economics of the arena. What's missing is depreciation expense. There are at least two ways…
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Retiring Sedgwick County Commissioner Dave Unruh praised

Retiring Sedgwick County Commissioner Dave Unruh praised

The praise for retired Sedgwick County Commissioner Dave Unruh can't be based on our region's accomplishments under his guidance. That is, if people are informed and truthful. In January a group of Wichita business leaders submitted an op-ed to the Wichita Eagle to mark the retirement of Sedgwick County Commissioner Dave Unruh. I quote portions here, with emphasis added: He easily won re-election because his constituents and the rest of us knew he was dedicated to strengthening our community, region and the state. ... In economic development Commissioner Unruh was chairman in 2006 when the board voted to build a…
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Unruh recollections disputed

Unruh recollections disputed

A former Sedgwick County Commissioner disputes the narrative told by a retiring commissioner. By Karl Peterjohn A version of this appeared in the Wichita Eagle. Lame duck county commissioner Dave Unruh’s recent commentary ("It’s time to set the record straight." December 14, 2018 Wichita Eagle.) is an attempt to re-write county commission history. Senator Daniel Patrick Moynihan said, “You are entitled to your own opinion, but you are not entitled to your own facts.” Here are county commission facts correcting the commentary fiction: Commissioner Unruh was deeply involved in both the hiring, and recent firing, of county manager Scholes by…
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Sedgwick County tops $434K in extra personnel costs

Sedgwick County tops $434K in extra personnel costs

Sedgwick County has spent $434,663 in costs relating to the separations of two members of top management. Through December 21, 2018, Sedgwick County had spent $434,663 on matters relating to former County Counselor Eric Yost and former County Manager Michael Scholes. The bulk of the costs were severance payments to both. There was also $89,375 for a study of matters related to county management. Additionally, there were attorney fees for Yost, Scholes, and all county commissioners except Michael O'Donnell. Click here to view the report prepared by county financial staff.
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