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VB exploring 'alternative ownership, operational models' for aquarium

Facility is in need of roughly $200 million to $300 million in repairs, maintenance
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VIRGINIA BEACH, Va. — For almost four decades the Virginia Aquarium and Marine Science Center has offered folks in Hampton Roads and beyond a glimpse at ocean life. But the facility could soon see some changes to ownership and operations.

The city of Virginia Beach reported taxpayers are subsidizing the aquarium by roughly $8 million each year. That's equal to roughly one cent of the real estate tax. A recent evaluation found the facility is in need of roughly $200 to $300 million for repairs, maintenance and expansion.

City council didn't cover the cost of some renovations in next year's budget. In response, city leaders said they're "exploring alternative ownership and operational models." They also said they're considering private sector and non-profits to balance the competing financial needs of the city.

"Because I'm hearing residents say 'we need better maintenance of our stormwater, refurbishment and maintenance of our rec centers, we need new schools, I rarely hear anyone say we need a new aquarium or a different aquarium. However, we do need to maintain those exhibits and potentially, you know, create new ones," Michael Berlucci, Virginia Beach city council member, told onlookers during an August 2023 council meeting.

This year's survey by the city concluded most people either support or are neutral in investing in the aquarium. However, it also shows other needs rank higher such as paying for roads, addressing flooding, and maintaining school buildings.

The aquarium president and CEO reported the facility provides $5.8 million in tax revenue for the city and said it is the third most visited attraction in the commonwealth. She wants to encourage visitors to return year after year.

City spokesperson Tiffany Russel said, at this time, nothing is changing for staff, visitors, or the animals at the aquarium.