Fiscal outcomes and tax impacts from stadium financing strategies in Arlington, Texas
2014; Taylor & Francis; Volume: 34; Issue: 2 Linguagem: Inglês
10.1080/09540962.2014.887550
ISSN1467-9302
AutoresBrian M. Mills, Mark S. Rosentraub, Jason A. Winfree, Michael B. Cantor,
Tópico(s)Recreation, Leisure, Wilderness Management
ResumoThis paper addresses the case of Arlington, Texas and its strategy of using a sales tax increase to fund the construction of its sports stadiums. While Arlington exported a large portion of the tax increase to nearby areas—and increased its monthly sales and use tax collections by nearly $1.7 million—the net outcome with respect to economic activity may not justify its use due to relatively large losses in taxable spending within the city. While certain industry sectors may be prime taxation targets due to unique characteristics of a given area, public managers must be aware of the potential to avoid these taxes due to how municipal boundaries are drawn.The financing lessons provided will be applicable to any tax increase implementation for facilities with temporary tenants or any other publicly-funded project, for example the Olympic Games and World Cup.
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