Based on where a stadium was built, officials have said there could be up to 10 different sources of funding. Along with money from the team, those could include a share of the property taxes that are already earmarked for community redevelopment in areas like downtown Tampa, rental car surcharges, a portion of local hotel bed taxes, money authorized by the Legislature, ticket user fees and foreign investment available through the federal government's EB-5 visa program.
- Property taxes earmarked for community redevelopment: Other local projects that receive CRA/TIF money lose, from transit to parks to arts to roadways to the Ybor City Redevelopment Corporation to safety improvements.
- Rental car surcharges: Aside from the folks who rent cars in Hillsborough Co - regardless of whether they've even heard of the Rays - the airport also loses, as car rental taxes could help pay for more airport improvements like expansion, modernizations, or even cheaper parking!
- Local hotel bed taxes: Everyone seeking money for arts, beaches, museums, and other tourism-driving events lose, since tourist taxes are eligible for a wide-range of expenditures.
- Money authorized by the legislature: Taxpayers would lose, since this general revenue money could go to any other educational, social service, or infrastructure need in the state.
- Ticket user fees: The Rays lose, since this comes out of the price of a ticket...so don't expect that one to fly.
- Foreign investment through EB-5: Some would argue hard-working, middle-class immigrants looking to come to America would lose...while others would argue a lot of Americans lose out too. Either way, it hasn't yet proven itself a reliable - or robust - way to fund private stadiums.
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