God Bless Texas | The Boneyard

God Bless Texas

Status
Not open for further replies.
Joined
Aug 26, 2011
Messages
91,841
Reaction Score
351,602
I wonder what the adult literacy rate in that town is. It's a good thing that they focus on whatis important.

Very wealthy Dallas suburb. 65% of the residents supported the bond package if I remember correctly. Must pay dividends. Thye won State Championship @ highest level classification this year.
 
Joined
Nov 18, 2012
Messages
3,469
Reaction Score
8,610
Medic you are correct. 63% supported the bond package of $119 million.

Its not even the largest stadium in texas or most expensive to build (high school only).

http://espn.go.com/dallas/story/_/i...gh-school-ready-unveils-60m-football-facility

Today, neighboring Plano High School's stadium seats more than 14,000 people. Mesquite, about 30 miles away from Allen, has a 20,000-seat stadium. And the Berry Center, a suburban Houston facility with a stadium, an arena and theater, opened in 2006 and cost about $84 million.
 
Joined
Aug 27, 2011
Messages
1,484
Reaction Score
1,997
Friday night football. And they sell these stadiums out most of the time..
 
Joined
Aug 27, 2011
Messages
341
Reaction Score
816
I partially remember an article written last fall in the WSJ. It investigated these stadiums and found out how they got built. From what I remember, the state passed a law that would require rich school districts to subsidize poor school districts through some type of a property tax mechanism. The loophole was that investments made to town facilities from approved bond measures could be deducted from the tax payment to the poor towns. Essentially, building these super stadiums became a way to avoid distributing town money to other less affluent towns.
 
Joined
Aug 26, 2011
Messages
29,689
Reaction Score
48,049
I just read an article last week of a judge upholding a lawsuit in Texas abou unfair access to education (i.e. the state funds so little of it, as most of the money goes through local school boards in such towns). If that lawsuit goes all the way to the Supreme Court and wins, you're going to see a total change in Texas.
 
F

fortebleedsblue

If I had to pick between redistributing my money to the poor or to something I'm passionate about like football I know what I'd pick. I'm sure that sounds unfair and cold hearted to most in CT... O well :)
 
Joined
Aug 26, 2011
Messages
29,689
Reaction Score
48,049
If I had to pick between redistributing my money to the poor or to something I'm passionate about like football I know what I'd pick. I'm sure that sounds unfair and cold hearted to most in CT... O well :)

It's not about redistributing your money to the poor. It's about education for all. Big difference.
 
Joined
Aug 27, 2011
Messages
6,578
Reaction Score
16,671
It's what happens when the state doesn't tax you to death first and money stays at home.
 
Joined
Sep 27, 2011
Messages
161
Reaction Score
118
What's that? Abysmal stupidity among the populace?

Yeah, we sure do it right in this state. 2nd highest taxed per capita yet still broke. I wish we had football stadiums like that here, at least we could point to something and see where our money has been pissed away to.
 
Joined
Aug 26, 2011
Messages
29,689
Reaction Score
48,049
Yeah, we sure do it right in this state. 2nd highest taxed per capita yet still broke. I wish we had football stadiums like that here, at least we could point to something and see where our money has been pissed away to.

More White Elephants! More White Elephants! More White Elephants!!
 
Joined
Aug 28, 2011
Messages
5,831
Reaction Score
10,379
Yeah, we sure do it right in this state. 2nd highest taxed per capita yet still broke. I wish we had football stadiums like that here, at least we could point to something and see where our money has been pissed away to.

I agree that this state is in a ton of trouble, but that doesn't change the fact that a 60 million dollar high school football stadium is ridiculously stupid.
 
Joined
Sep 27, 2011
Messages
161
Reaction Score
118
I agree that this state is in a ton of trouble, but that doesn't change the fact that a 60 million dollar high school football stadium is ridiculously stupid.

Does it generate income? With the way people are fanatical about football there and the fact that they can fill it up it doesnt seem all that far fetched that it will generate some significant revenue.
 
Joined
Aug 28, 2011
Messages
5,831
Reaction Score
10,379
Does it generate income? With the way people are fanatical about football there and the fact that they can fill it up it doesnt seem all that far fetched that it will generate some significant revenue.

It's a good question. How much are tickets? How much is upkeep?
 
Joined
Aug 26, 2011
Messages
29,689
Reaction Score
48,049
And, the short answer is: NO! There is no way possible that 6 home football games a year will generate enough income for this stadium.
 
Joined
Sep 27, 2011
Messages
161
Reaction Score
118
And, the short answer is: NO! There is no way possible that 6 home football games a year will generate enough income for this stadium.

A few news stories I have read on it have indicated that the Facilities will be able to generate enough income to more than pay for the upkeep but not entirely pay for the initial price tag. I would imagine that should the facility become old enough that perhaps enough time will have passed and revenue generated that a significant portion of it's initial cost would be covered by the revenue generated.

Either way, it's a wealthy Texas community and they decided to spend the money on that to put their town on the map as opposed to the variety of silly things many communities waste their money on like a stupid dog park that my town is talking about.

It seems a little silly for us here to be pointing fingers at Texas in a wasteful spending manner. The truth is that state's economy is doing great, people are moving there and they have money to burn. Meanwhile in CT we're going to be looking at putting tolls on our highways because the idiots in Hartford can't seem to make due with one of the highest in the nation gas taxes and registration fees.
 
Joined
Aug 26, 2011
Messages
29,689
Reaction Score
48,049
A few news stories I have read on it have indicated that the Facilities will be able to generate enough income to more than pay for the upkeep but not entirely pay for the initial price tag. I would imagine that should the facility become old enough that perhaps enough time will have passed and revenue generated that a significant portion of it's initial cost would be covered by the revenue generated.

Either way, it's a wealthy Texas community and they decided to spend the money on that to put their town on the map as opposed to the variety of silly things many communities waste their money on like a stupid dog park that my town is talking about.

It seems a little silly for us here to be pointing fingers at Texas in a wasteful spending manner. The truth is that state's economy is doing great, people are moving there and they have money to burn. Meanwhile in CT we're going to be looking at putting tolls on our highways because the idiots in Hartford can't seem to make due with one of the highest in the nation gas taxes and registration fees.

$60 million for a football stadium.

Now lets' see that Connecticut waste. What are you comparing this to?
 
Status
Not open for further replies.

Online statistics

Members online
412
Guests online
2,087
Total visitors
2,499

Forum statistics

Threads
159,634
Messages
4,198,422
Members
10,065
Latest member
Rjja


.
Top Bottom