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Financial Reporting

You know what would be nice, Katie Harden? It would be nice to see the financial payback plan for the $60,000,000 of taxpayer dollars. How much interest and principle have been paid off? How long will it take to pay off and what assumptions are being made in that repayment schedule? How is the debt being financed now and what happens when "the fund" runs out? "Convention Center has Still Room to Grow" covers none of the financials.

"...the center hosted some 113 events and almost 67-thousand people from July 1, 2011 until June 30, 2012. That number included nine conventions, 12 shows, 60 banquets, and 32 meetings. Eaton, however, did not break down specifically how many people attended any particular events." So, how much money did we make?

This isn't the only debt I'm worried about. I'd like to see an article that does the same thing for all the school debt that's been taken on, how we're doing in paying it back and when it will expire.


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