Schools PAYING for Dallas Stars Arena?

1. Stars and Mavs getting their two new arenas of their own in the metroplex? That’s an interesting looks in each different location. 🏒🏀

2. In a word: Texas.

3. This is always the case when governments fund sports complexes. “We could have spent this money on better schools. Instead, we spent it on helping a billionaire’s business be more profitable.”

4. The owner of the stars should have to pay for 100^% of the cost of the project VOTE NO on Nov 3.

5. That money should be spent somewhere else where .besides paying for a new arena. For plano tx

6. Typical Texas

7. Capitalism sucks

8. They cowboys did the same in Frisco but at least they got invested with cowboys at the Star they use it for high school football game as there home games, high school football playoffs, they get concert and high school graduation they did it because they have to build a high school stadium for the new high schools over there but partner with the Cowboys it did two things.

9. ​"Who says school districts never have enough money? Plano ISD just proved otherwise by pledging $250M for a new Dallas Stars arena—and they're likely not the only district sitting on excess funds."

10. The Plano ISD decision is independent of the city of Plano's decision and won't be part of the November 3 ballot measure. The voters don't have a say in what the Plano ISD does. The Plano ISD money is new money deriving from real estate taxes at the Willow Bend site. The taxes will exceed the $250 million over the course of the life of the arena and ISD receives benefits of use of the site.

    I find it interesting all the people who don't live in Plano who feel they should get a say on what happens in Plano.

11. Plano has (or used to have) money. I'm not seeing the issue with this plan as they're an affluent area and economic hub for the region.

12. They have high school hockey in that North Dallas/Plano/Frisco area so they will be playing games there too.

13. Independent School Districts have been shown to do some "interesting" things.

14. YUP!!! This is essentially what happened in Vegas with the A's dome. They took the pot tax money that was supposed to go to their 50th ranked schools and divert it to the As stadium.

    Its liberal/commie math where the citizens pay for kickbacks to the politicians.

15. It is stealing the tax money. I cannot believe there is one single person that is in favor of giving the 1% a single dime for a PRIVATE business. Cities don't get any of the profits these teams make, they get some taxes and some low wage jobs that create some taxes. THAT IT.

16. Fucking insane. Absolutely fucking insane.

17. Texas has a law called "recapture" or "Robin Hood" where local property tax revenues from rich school districts get redistributed by the state to poorer, usually rural, school districts. By participating in the TIRZ, Plano ISD doesn't lose any funds that would be spent locally, as the $250 million would be taken by the state and redistributed to the poorer districts. They get a fancy venue to use for high school graduations, at basically no cost to themselves – the poorer districts shoulder the burden. It's a giant middle finger from the rich to the poor. Texas's school funding structure is seriously messed up and needs reform.

18. What was wrong with AAC? I never understand the thought process of ownership nowadays

19. I think this conversation should include neighboring Frisco ISD and their deal with the Cowboys and their headquarters and practice facility.

20. Proposition A doesn't really have much of an effect on whether the project will go ahead. The project already has $1 billion dollars committed through the TIRZ. The venue taxes and use taxes are peanuts compared to the TIRZ money. The city council has repeatedly said that if Prop A is not approved, the project will still go forward

21. Probably a case of the school waving the Stars taxes for 18 years. Texas school financing is weird. Recapture, or Robin Hood, takes money from wealthy districts and gives to poorer districts. The state doesn’t look at any debts the school may have so this money would not help to pay down Plano ISD debt as the state would take it if it were collected. There are more than likely no funds changing hands in this deal. The Stars will have to front this money but will make it back through not paying school taxes and the school gets use of the facility for graduation for free. After year 18 the building goes back on the tax rolls.

22. Let's see an episode on lobbyists who finance the city councils and essentially buy legislation to benefit sports teams.

23. this is actually more common than you think. i would expect you to know that, Brodie. I'm not saying it's right, though.

24. I can understand having access to an indoor facility for graduation. Heat, cold, and wet are self-explanatory. They have 9 high schools, 3 of which are Senior highs, and dozens of schools overall.

    But having job/career counseling off-campus seems strange unless they have all-day sessions many times in the year.

    Perhaps the $44 million would also include a gymnasium for volleyball, wrestling, and boys’ and girls’ basketball. They could also use the gym to host music events—-band, choir, orchestra, mariachi, and twirling—- and academic events like science fairs, spelling bees, speech and journalism and acting competitions (maybe even school plays).

    But it wouldn’t require $44 million a year to rent these facilities. Maybe they would be paying for maintenance and janitorial services to be provided by the Arena.

    But it makes no sense whatsoever for $44 million a year.

    Weirdsville, man!

25. Wait so the Stars contribute 0?????

26. If Texas didn’t have the robin-hood school tax law this would not be happening. They are using it to “shelter” the money that they would loose anyways,

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