re: So, who plays in TD Ameritrade?Posted by JTTiger on 6/14/13 at 10:21 am to LST
At first glance 124MM seems like a lot of tax money which could be used on schools whatever. \
However need to understand business, revenue and financial modeling to understand why building a stadium is important to keeping the college world series in Omaha and them not losing it to another city.
Table 1: Summary of monetary impacts of CWS on Omaha and state economies
From 2008-2018 an actual/forecasted impact to the city is half a billion dollars or $514MM.
Subtract the 124MM stadium from the $514MM and tell me if its worth building the stadium or letting another city grab up the event.
Total or overall $40,977,260 $514,792,821 $385,597,941
Wages & salaries $12,604,924 $159,440,876 $119,335,976
Self-employment income $980,505 $12,265,628 $9,191,698
Number of year round jobs 537 537 537
Omaha tax collections $1,764,551 $25,661,690 $18,574,426
Local non-city tax collections $984,969 $14,324,308 $10,368,210
State tax collections $1,819,897 $26,466,574 $26,466,574
Total tax collections $4,569,417 $66,452,573 $55,409,211