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11-20-2012, 07:55 PM
Tortious Beadicus
Join Date: Nov 2009
Location: Bay Area, CA
Country: United States
Posts: 3,183
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Originally Posted by rt View Post
Can anyone explain this to me?
The slides aren't numbered

On the slide with the 10 year forecast, in FY22, with the JIG lease, the city will have a negative General Fund balance of -$17.9MM. Without the JIG lease, the forecast is for a negative General Fund balance of -$17.1MM.

Or put simply, at the 10-year point of the agreement, Skeete forecasts that Glendale is $800k better off without the Coyotes.

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