Quote:
Originally Posted by shermanator
So this city is facing a funding crisis due to the high number of vacancies in the commercial sector, is trying to pause the development of a new transit line, is panicking on how to provide relief to small businesses, yet it has money to put towards a new arena?
Doesn't pass the smell test to me.
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You're talking about Capital funding vs. Operational funding - giving taxpayers the portion they're going to spend on this arena would help lower it a bit for one year, but then they'd be right back up the following year. They're trying to reduce operating costs to keep the tax rate lower.