VentureForth
Engineer
I'm not sure how Minnesota does it, but what I've seen around where I've lived is that when a municipality invests in a sports stadium, they OWN it. They then grant license fees and collect rent from ALL the users. For instance, the Texas Stadium is HOME to the Dallas Cowboys. The city of Arlington owns the facility and charges the Cowboys to rent it - not to mention all advertising and ticket fees are split between the NFL, the Stadium (city), etc. Many other entities use Texas Stadium throughout the year in the off season, though of course none come close to the revenue of the primary user. Concessions are also run by the stadium - not by the sports team. Then there are the increased hotel taxes and fuel taxes that are collected by the the city and state from the 70,000 people that converge on the facility.Is there a return on public "investment" in a sport stadium? I've always thought that any public money spent on sports teams was a dead loss.You know the return on investment of a sports stadium vs public transit? And what if the government stopped subsidizing roads and air in favor of rail?
As for your second question, Minnesota won't stop subsidizing roads and air in favor of rail. The air subsidies are minor, I think (mostly improvements at small airports), but the requirement to maintain a public road network has been a whole separate article in the state constitution for almost a hundred years.
Obviously reality is much more complex than this and I could be totally off, but that's how I understand it.
Meanwhile, public rail in the US (unlike many other countries) is priced to be a way of subsidizing travel to those with disabilities or low incomes. Public busses (Greyhound is NOT a public bus!) are the same way, but politically easier to swallow. When was the last time you saw a full city bus outside of NYC?
These are tax drains on an economy. When it is planned well enough and there is a population big enough, rail has a huge place in the movement of people around the country. Otherwise, it's an expensive toy. That being said, I LOVE the fact that Amtrak exists and I will continue to patronize them as time, money and experiences permit.
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