Cubs new ST park to be built off taxes paid by Reds Spring Training Visitors?
This isn't getting a lot of pub, but in a roundabout way, anyone visiting the Reds at Spring Training this year & beyond, could be helping to pay for the Cubs brand new $120mil facility in Mesa.
http://www.ahwatukee.com/news/new-88...-training.html
The key quote
Quote:
The total project would cost $119 million, an amount not given before.
The biggest chunk, $59 million, would come from tourism taxes. That would be combined with $25 million from Mesa to build a stadium and practice facilities. The remaining $35 million would come from the Cubs, a land transaction and infrastructure already in place. However, the exact split hasn’t been identified.
But key details are still unknown to everybody involved.
As officials announced Friday they will introduce legislation today to provide part of the funding, they acknowledged they haven’t settled on tax rates or certain funding formulas.
“Exactly what those will be is yet to be determined,” said House Majority Leader John McComish, R-Ahwatukee Foothills.
McComish will sponsor the bill, which he said will be written with several blank lines where the key financial details will later be filled in. Lawmakers still need to figure out how much money will come from a car-rental tax and from a ticket surcharge on Cactus League games.
Because of resistance from some that people across Maricopa County would pay for a Mesa facility, some lawmakers want the taxes to raise additional money for improvements to other spring training complexes in the Valley. Lawmakers are talking with tourism industry and baseball officials to see what they would or would not support before they set tax rates in the bill, he said.
“That’s part of what we’ve still got to figure out,” McComish said.
The car-rental tax has been one of the prongs which funded the many other new spring training parks that have popped up all over Arizona, but this is the first I'm hearing where Cactus League tickets will be taxed to pay for new stadiums. Details are obviously still in the works so this could change.
Re: Cubs new ST park to be built off taxes paid by Reds Spring Training Visitors?
Even if it benefits the Cubs I still want you to attend as many games as you can JMcclain19. Don't get a troubled mind over it.
Re: Cubs new ST park to be built off taxes paid by Reds Spring Training Visitors?
Instead of renting cars, we'll carpool with jmcclain19!
Re: Cubs new ST park to be built off taxes paid by Reds Spring Training Visitors?
Quote:
Originally Posted by
jmcclain19
This isn't getting a lot of pub, but in a roundabout way, anyone visiting the Reds at Spring Training this year & beyond, could be helping to pay for the Cubs brand new $120mil facility in Mesa.
http://www.ahwatukee.com/news/new-88...-training.html
The key quote
The car-rental tax has been one of the prongs which funded the many other new spring training parks that have popped up all over Arizona, but this is the first I'm hearing where Cactus League tickets will be taxed to pay for new stadiums. Details are obviously still in the works so this could change.
Really not surprising at all. Admission taxes are a regular one that's been around for years all over the place. Here in Cincinnati, if you buy a $25.00 Reds ticket, about 70 cents is the tax. Same for movie tickets, $9.00 at the Esquire includes about 23 cents for tax (I just looked these up). Pay $70.00 to see a concert? Two dollars is for the tax.
Re: Cubs new ST park to be built off taxes paid by Reds Spring Training Visitors?
Why not? Cubs fans have been paying the Reds bills ... ;)
Re: Cubs new ST park to be built off taxes paid by Reds Spring Training Visitors?
Quote:
Originally Posted by
Johnny Footstool
Instead of renting cars, we'll carpool with jmcclain19!
The trunk still isn't spoken for to anyone who wants first dibs.
