Thursday, June 23, 2011

Debt Service on Convention Center Dwarfs Operating Costs

City Council:
APPROPRIATIONS [to convention center fund]

Convention Center Operating $3,393,744
Debt Service $4,224,125

That's right.  Operating costs for the convention center are about $3.4M for the year, while debt service costs are $4.2M.  ...Aren't you glad we got the convention center?

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