• HOME :
  • NEWS :
  • ALOHA STADIUM PLAN WILL BURDEN TAXPAYERS. IS IT WORTH THE RISK?

Aloha stadium plan will burden taxpayers. Is it worth the risk?

APRIL 9, 2021 | by Blaze Lovell | HONOLULU CIVIL BEAT

By Blaze Lovell, includes “Financing for the state’s portion of the new stadium costs would be handled entirely through general obligations bonds backed by taxpayer dollars. As it stands now, more than half of the state’s investment would be paid back directly by stadium revenues. ‘It could be a sign that they have less confidence the money will come in from the project itself,’ Joe Kent, vice president of the conservative-leaning Grassroot Institute of Hawaii, said. ‘And therefore, it does put taxpayers on the hook more.’ …”

VIEW LESS