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By law, the South Florida Fair is required to have an
annual audit and to submit the audit to the Department
of Agriculture and Consumer Services (§616.101,
Fla. Stat.)
Currently, the firm of Lamn, Krielow, Dytrych & Company conducts
an audit and reports of its findings to the Board of
Trustees. Copies of the Fair’s
prior audits are available upon request.
According to a study released in 2000 by Economic Research
Associates, Inc., the South Florida Fairgrounds generated
a total economic
impact of $149,924,000 in
1999. This was prior to the development
of the Cruzan Amphitheatre, the enhancement of
Yesteryear Village (including the new Bink Glisson
and
the Sally Bennett "Big Band Hall of Fame")
and the aggressive marketing
of the Americraft Expo Center exhibit floor space.
 In
addition, the
Cruzan Amphitheatre alone is estimated to generate
an economic
impact in excess of $20 million. But not only does
the Fair generate a significant economic impact, it
makes
a substantial annual cash distribution to the youth
of this area from its own resources.
In the 2006/07 fiscal year, the South Florida Fair
paid in excess of $250,000 in scholarship and 4-H premium
awards, compensation to choruses and bands performing
during the annual Fair, and contributions to Palm
Beach
County schools through its Partners-In-Education Advance
Ticket program.
Over the past fifteen (15) years, the Fair has made
or has been involved in the making of over $22 million
of capital improvements to the Fairgrounds including
the Cruzan Amphitheatre. These capital improvements
have been with tremendous public support but very
little
public financial assistance.
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