Quote:
Originally Posted by Mojo Jojo
Did any of you see Ruckus this evening? P&L was the lead topic...the liberals and the conservatives agreed we needed downtown development but the tax payers are getting screwed because the numbers were wrong to begin with. Someone pointed out that when the newer bonds due in 20-years, independent audits say there is a good chance the district still will not be able to pay off the debt.
Also discussed...the Funk was city auditor when this came up and he said the numbers were bad, but the city council ignored his suggestions and went with Cordish's numbers.
They also went out of the way to point out that Sprint Center and P&L are two different projects...funded two different ways. Sprint Center done right...P&L screw the tax payer.
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No shit. How many distrcts last 20+ years? Whats Ruckus?