FORMER OFFICIAL SAYS NEBRASKA STATE FAIR ON 'VERGE OF BANKRUPTCY'; DIRECTOR SAYS IT'S NOT THAT DIRE

GRAND ISLAND, Neb. — The sign marking the city limits here proudly proclaims Grand Island as “Home of the Nebraska State Fair.”

But nine years after the fair moved from Lincoln to this central Nebraska city, the festival that combines corn dogs and cotton candy with cattle and 4-H kids finds itself at a crossroads once again. Despite a voter-approved subsidy of state lottery funds that now amounts to almost $5 million a year, the fair is on “the verge of bankruptcy,” according to its former finance director, who resigned during a tense State Fair Board meeting last month.

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