Ascending Debt

FY 25 Bonds Payments Versus Ballpark Lease Payment

 When capitalized interest and working capital have been exhausted, our annual bond payment is $6,438,488 in fiscal 2025.    Click here.

The lease payment (page 120) from the WooSox will be 2,822,212.  Click here

The DIF needs to produce $3,616,2236 for the project to be "revenue neutral" to the taxpayers.  

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Editor's Comment:    We do not see this project being revenue neutral any time soon..





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