View Single Post
Old
11-20-2012, 08:08 PM
  #959
barneyg
HFBoards Sponsor
 
Join Date: Apr 2007
Posts: 2,372
vCash: 500
Quote:
Originally Posted by CasualFan View Post
The slides aren't numbered http://www.glendaleaz.com/clerk/agen...ment112012.pdf

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.
For those who watched the whole thing (I know you didn't), why the hell are "general fund expenditures" roughly 5% higher under the "no team" scenario than the "team stays" scenario? Everything related to the arena is a separate line item.

barneyg is offline