Local Impact
Supporters claim that stadiums help with these 2 aspects of the local economy?
Tourism and jobs
Who is Mark Davis?
A owner of the Raiders
This stadium was built in 1966, with 500 million dollars in public funding, leaving the city with 20 million dollars of annual debt
Oakland Coliseum
Which funding type causes the greatest debt for the public?
Public Funding
What is shared funding
Both taxpayers and private investors share the cost
According to research, what type of economic benefit is usually NOT seen from stadiums?
Long-term
Who’s the 49ers CEO
Jed York
Completed between 2012-2014, this stadium cost 1.2 billion dollars in private and public joint funding, Hint: It’s local to us.
Levi’s Stadium
What is one benefit of mixed funding for stadiums?
Shared debt burden, boosts economy, or new tax laws
What percentage cap does our proposal suggest for taxpayer spending
20%
When cities fund stadiums, this group usually reaps the most benefits.
Team Owners
Who’s the owner of the Oakland A’s
John Fisher
This Santa Clara County measure was passed in 2010 and limited the use of public debt to protect citizens from new taxes for stadium funds
Measure J/CFD
In mixed funding what is typically larger Public or Private contribution?
Private
What penalty is proposed for exceeding the cap?
Fines or Penalties
These are the two branches that take a hit with public funding
Infrastructure and Transportation
Who is Libby Schaaf?
A former mayor of Oakland
Built from 2017-2019, this stadium was built purely from private funds (costed 1.4 billion dollars
Chase Center
What kind of funding did the Chase Center use, and how much public debt was acquired
Private funding and $0 public debt
In our proposal what is a Public Oversight Board
A group that watches how the money is spent