[lurker]

Originally Posted by old timer

I don't know about the last few years, but at least until sometimes in the 1990s the Hoover Fund was listed as a seperate budget item in the City of Dodge City budget.

Mayor Hoover, when he died in circa 1913 or so, left what at the time was a large amount of money ($100,000) to the city, and the income was to be used for public benefit. Hoover Pavillion was one benefit. The DC Airport Land was also purchased from the fund.

That $100,000 would be a huge amount now -- guessing equal to at least
19,469,330 with interest over that time. Or

In 2006, $100,000.00 from 1913 is worth:
$2,100,000.00 using the Consumer Price Index $1,581,705.10 using the GDP deflator$8,926,256.98 using the unskilled wage $10,931,540.68 using the nominal GDP per capita $33,711,870.82 using the relative share of GDP

What is the status of that fund ? Why are the city fees now higher than any non-profit group I'm involved with will be able to pay?

Seems that the City Commission doesn't want anyone to use Hoover Pavillion. Seems like some money is just gone ? Anyone know ?

More than likely, they wasted it....