Do you feel that cities should be funding 75% of the cost to build privately owned sports complexes with taxpayer money?
Depends how they do it, gift no but if they retain 75% equity in the facility what's the problem?
We have a city owned stadium that earns the city around £3 million a year on an initial expenditure of £110 million.
I would say not unless the taxpayers approve from a vote on the issue.
The Sport Complexes do bring revenue and jobs to the cities, but they should pay their share of the local taxes as well.
Completely agree, public referendum possibly? Do you feel that their should be a limit to the amount of public funding that goes into private facilities (percentage wise)?
Absolutely it should be voted on. If a stadium is a public benefit, let the city government make their case to the people and then let the people decide. Not all sports complexes are money pits, and the taxpayers should decide whether or not the risk is worth it.
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