Analysis: Who Really Pays In Tennessee’s Sports Stadium Sales Tax Zone Funding Scheme?

In Many Of The Cases, Rather Than Using Direct Funding Methods From City Or State Coffers, Tennessee Has Now Opted To Have A Portion Of Funding For The Bonds On Building Stadiums To Come From Sales Tax Zones. Those Funds Are Often Termed By Those Proposing Deals As User Fees. But Economists Say That Doesn’t Show The Full Impact.

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Memphis To Ask Tennessee Taxpayers For $350M As Part Of $684M Sports Arena Projects

The City Of Memphis Plans To Ask The State Of Tennessee To Contribute $350 Million Toward Renovation Projects At Three City-Owned Arenas And To Help Build A New Soccer-Specific Stadium For Memphis 901 FC.

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Tennessee Titans Stadium Plan To Be Vetted By Stadium Committee On Oct. 26

After Announcing A Deal To Build A New Titans Stadium That Will Cost At Least $2.1 Billion, The Next Step For Metro Nashville In The Approval Process Will Be To Present The Deal To The City’s East Bank Stadium Committee At 4:30 P.M. On Oct. 26.

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Nashville Announces Plans For New Titans Stadium Mostly Paid For By Taxpayers

Metro Nashville Announced A Deal With The Tennessee Titans To Build An Estimated $2.1 Billion New Stadium That Includes At Least $1.26 Billion In Taxpayer Funds. Of That, $500 Million Will Come Directly From The State Of Tennessee.

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Tennessee Comptroller Issues Conditional Approval Of Chattanooga Lookouts Stadium Plan

Tennessee Comptroller Jason Mumpower States That The Plans To Build The New South Broad District In Chattanooga, That Include A New Stadium For The Lookouts, Are In The Best Interest Of The State If Two Conditions Are Met.

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Tennessee Has Committed To At Least $60M In Economic Incentive Grants This Year

Tennessee Has Committed To More Than $60 Million In FastTrack Economic Incentive Grants To Businesses This Year After Committing More Than $200 Million Of The Grants To Businesses In 2021.

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TNECD Announces New Projects, But Not Dollar Amount Of Taxpayer-Funded Incentives

This Week, Tennessee’s Funding Board Is Scheduled To Approve Incentives Of More Than $1 Million To Six Different Companies. But The Grant Amounts, Paid With Public Funds Through The Department Of Economic And Community Development’s FastTrack Grant Program, Have Not Been Announced Publicly.

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