DULUTH, MN (CBS-3) – Spirit Mountain leaders presented their upcoming yearly budget to Duluth’s City Council Monday night and spoke of some recent financial success compared to previous years.
After years of economic hardship coupled with a global pandemic cutting the operating season short, Spirit Mountain leaders said they are optimistic about the ski resort’s future going forward.
During Monday night’s council meeting, interim Spirit Mountain Director Ann Glumac spoke on the difficulties of operating a large recreation site.
Despite high operating costs, the fiscal year 2021′s operating profit of almost $345,000 was the highest the resort has seen in years.
Glumac said the resort’s three biggest revenue items, ski passes and lift tickets during the winter and the adventure park, will all bring in more profit in the coming years due to demand and inflation.
Going forward, Spirit Mountain is confident it will be more financially stable, thanks in part to a $440,000 tourism tax appropriation from the city.
The Spirit Mountain Taskforce formed in June 2020 found that Spirit’s average annual economic impact on the city of Duluth is around $22 million.
(from CBS3-Duluth)
