Title or not, I think Pete's main point still stands:
Should tourism tax dollars be spent on a new arena that doesn't draw tourists to the Orlando area?
A title won't change that.
No really, tourist dollars are not being spent on the stadium...it was funded with municipal bonds. So investors bought the bonds, then the proceeds from the stadium repay the investors. No tourism dollars are being used. a couple google searches and you find the articles in the orlando news papers.
7. What is the Tourist Development Tax and what can it be used for?
The Tourist Development Tax (TDT) is a tax on short-term rentals of 6 months or less, which primarily encompasses hotels and timeshares. By State law, the TDT is limited to the promotion of tourism, construction of the convention center, and the construction of sports and arts and cultural facilities. The tax cannot be used for other purposes, such as education or transportation.
On July 18, 2006 the Orange County Board of Commissioners approved a one percent increase, raising the TDT to six percent, and dedicated half of the new money raised from the additional one percent towards the potential construction of a new Events Center. The other half of the money raised from the one percent increase will be used to promote and market the Central Florida tourism industry.
But the money could be so much better spent elsewhere.
A new stadium is a luxury when other things are necessary.
Our education system is horrible. We are ranked something like 48th out of 50.
We could use another highway. I 4 is over used and crowded.
There are many, many things that would benefit Orlando more than a new stadium....no matter where the dollars come from.
and what two things did I mention as being needed?????
Education and Transportation.
Let's not use the money for something needed.....that would be silly.
for me, it didnt matter if orlando or boston won ... as long as the series went 7 games and they were physically, mentally and emotionally exhausted My Cleveland Cavaliers are going to crush them in the next round!!!
All I gotta say is GO CAVS