Quote:
Originally Posted by RM14
On the last page, my very hack attempt at trying to find out the cost per "taxpayer"
* Total 2016 City of Calgary Revenue: $4,700,000,000
* 450,000 households X $3,000 each per year = $1,350,000,000 (29% of city Revenue)
*City Expense for Arena funding: $250,000,000 X 29% = $72,500,000 to Households. Or, $161 per house.
*$161 cash upfront / 30 years - about $5 per year per house.
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Nice work. Honestly, with these kinds of numbers, it's almost a blip on the radar. For me, I'm fine with whatever outcome at this point, it's just not a number that I'm going to get myself worked up for. Ken King and co, would have an easier time convincing people if he just said it'll cost everyone $5 a household per year. The optics certainly sound better than the hundreds of millions I keep hearing about.