Stadium tax districts don't raise new revenue to pay off the stadium, they cannibalize existing tax collections. You would think that the city which funded the Power & Light District boondoggle would remember this financing strategy doesn't work. kshb.com/news/local-news/sta…

Sep 28, 2026 · 1:55 PM UTC

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Stadium districts are one of the many fiscal illusions that stadium boosters use to claim that a public stadium project will pay for itself. From my book chapter on different types of stadium financing: doi.org/10.1093/978019782024…
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Replying to @jc_bradbury
This is not what happened here in Conb County (Atlanta). Massive investments raising significant tax income
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I think you mean Cobb County, where I live. Also, no. Google is your friend.
To mark the 5-year anniversary of Truist Park, I have just released a comprehensive report on its economic impact. We were told it would be a home run. It's more of a pop-fly: Net cost to taxpayers of $15 million/year → -$50 per household/year. 🧵coles.kennesaw.edu/econopp/d…
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Replying to @jc_bradbury
The problem is that Power & Light has been a huge cultural driver for the city. People use it.
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Power and light also opened up during a recession. You’re reaching brother have faith quit being negative.
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Replying to @jc_bradbury
If at first you don’t succeed…
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