I’d bet we use more for debt than 10%. We’ve spent a ton of money in the last decade to get us here. I’d bet we haven’t thought that far ahead. Don’t spend it before you can cash it.
Doubt it works like that as everything will be factored in over the long haul. What I think we should start seeing very soon before we enter the new conference is increased staff in all departments like C and ticketing. We were forced to go with skeleton crews in some departments due to Covivd.
Most of our enhancements will have a debt component. They don’t pay those in cash as a general rule
Cash is usually funneled through a general fund that pays a variety expenses, including PPE upgrades and interest.
There are some high profile exceptions but existing expenses have to be paid.