Vegas says it’ll cut public Raiders stadium cost to $500m, would actually be $950m, math is dead | Field of Schemes

There would also be $7 million a year for operations and capital improvements, plus $3.5 million a year to repay [University of Nevada Las Vegas] for lost events revenue at their current stadium, for a present value of about another $150 million. This illustrates another big, hidden cost with taxpayer-funded subsidies for professional sports: The […]

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Another $4 million taxpayer subsidy down the drain

Tuesday night the Scottsdale City Council and Mayor Jim Lane voted to flush another $4 million of your money down the award-winning toilets of the Scottsdale Cultural Council. Fiscal Year 2016/17 Scottsdale Cultural Council Financial Participation Agreement – Approved on Consent. Request: Adopt Resolution No. 10452 authorizing Agreement No. 2016-065-COS, an annual financial participation agreement […]

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Some truths about Phoenix’s property tax deals

I don’t think this appeared in the Republic’s online AZCentral site, but it was clipped and forwarded to me by a sharp-eyed ScottsdaleCitizen reader who knows I have been highly critical of GPLET abatements for private developers. Thanks MK. While I do not believe the GPLET mechanism has been used directly in Scottsdale, the principle […]

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Infrastructure investment lags even as borrowing costs remain near historic low | Brookings Institution

Why did this failure occur? One reason is that policy makers were too optimistic when the financial crisis took place back in 2008. Most public and private forecasts at the time understated the severity of the economic fallout from the bank meltdown. Decision makers in Congress and the Administration may have believed infrastructure investment would […]

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Mesa Hopes New ASU Campus Spurs Downtown Growth

Cities across the Valley are looking inward these days, refocusing resources and money on creating attractive downtowns. Now, Mesa city officials are hoping a deal with Arizona State University will jump start their downtown’s growth. Voters will have their chance to approve the potentially $160 million dollar project to build a new ASU campus in […]

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Sour Grapes | Arizona Secretary of State

What is not fair game is to have a Treasurer [Jeff DeWit], who while moonlighting as a campaign operative, continues to throw wild accusations and have public meltdowns when one of his campaigns goes poorly. That’s just sour grapes. Arizona Secretary of State Michelle Reagan is an idiot. She gave her critics plenty of opportunity […]

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Governor Ducey’s comment on low-income schools and families draws criticism | 12NEWS.com

“[AZ Governor Doug Ducey’s comment suggesting there is a correlation between low-income areas and parents who “don’t care” about their children] shows he has a fundamental misunderstanding on what it takes to educate children. He needs to stop looking for excuses for why he’s not properly funding education,” [District 27 Rep. Rebecca] Rios said. [District […]

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Lane’s campaign PR manager attacks Littlefield…anonymously

Isn’t it ironic…that a political campaign public relations manager has to resort to anonymous attacks on his boss’s opponents. Doubly so, when he lectures on “integrity.” Yet here we have it, in the un-attributed, so-called “Arizona Progress and Gazette,” a fiction created by none other than crazy-hair Jason Rose, development huckster, polo purveyor, rugby rascal […]

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Treasurer: Ducey aides threatened retribution. Governor’s chief: ‘We do not bully people like that’

The state treasurer was asked to support the school-funding deal that would become Prop. 123. When he wouldn’t agree, according to staff notes obtained by The Republic, he and a deputy were told ‘dark money’ would be used against the treasurer. But the governor’s team says the claims are untrue; that’s not what happened at […]

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