Phoenix LXIV: Will You Still Need Me, Will You Still Read Me, on Thread LXIV?
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11-11-2012, 10:31 PM
Join Date: Dec 2010
Originally Posted by
Items 14, 15, and 16 - 7PM MT this Tuesday
It looks like the COG did move $20 million to the NHL. Seems like they are still $5million short if the true figure was $25 million.
The FY 2012 $20M payment of the Arena Management Fee occurred via loans to the
General Fund from the water/sewer funds ($15M), vehicle replacement fund ($3M) and
technology replacement fund ($2M). A repayment schedule similar to the FY 2011 loan for
that FY’s payment to the NHL will be incorporated into the FY 2014 budget.
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