Tuesday, June 6, 2023

"Future of A's stadium in Las Vegas cloudy after public funding bill falls through"


The bill would have allocated up to $380 million in public funding for building the new ballpark. The state would have contributed $180 million in transferrable tax credits, while Clark County would have issued $25 million in credit and more in bonds paid for by an entertainment district created around the stadium.


In addition to the public funding for construction, the stadium would have been exempt from property taxes. 


The true cost would be well north of $380 million