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re: New LSU arena depends on Baton Rouge, state giving up some sales tax money
Posted on 7/26/25 at 7:14 pm to tigerbait2010
Posted on 7/26/25 at 7:14 pm to tigerbait2010
quote:I'm just tired of paying for everyone else's hobbies and entertainment. Pay for your own hobby. Add an extra dollar to every ticket, problem solved.
I don’t understand why people are so hell bent on not wanting this to work if there is an incremental tax increase. Wouldn’t folks on here want their taxes to finally go to something they’ll actually benefit from?
Posted on 7/26/25 at 9:16 pm to 94LSU
quote:
I'm just tired of paying for everyone else's hobbies and entertainment. Pay for your own hobby. Add an extra dollar to every ticket, problem solved.
That’s exactly how this will work. The LSU economic zone taxing district is the only area where your sales taxes would go to fund this project. So when you buy your tickets, get a beer during the game, etc.
Posted on 7/26/25 at 10:12 pm to CapitalTiger
I thought that district was created regardless of the arena for the business to help each other improve things like security.. lights.. so now every time you buy a sandwich over on chimes ( which happens much more frequently then the occasional arena event).. they collect taxes to give to a group of guys building competing businesses on the other side of campus in attempts to keep business over there
Lots of “dealing “ going on..
Lots of “dealing “ going on..
This post was edited on 7/26/25 at 10:27 pm
Posted on 7/26/25 at 10:20 pm to Thecoz
It seems like they are spending the tax dollars twice. That doesn’t work. Either spend it on district improvements or a new arena. Telling people one thing and doing another seems to be their m o.
Posted on 7/27/25 at 7:09 am to TigerSaurus
They aren’t given in perpetuity. It’s generally a certain amount of years.
This type of deal being discussed happens all the time all over the US and for projects with less than half the investment that this one is slated to have.
This type of deal being discussed happens all the time all over the US and for projects with less than half the investment that this one is slated to have.
Posted on 7/27/25 at 12:27 pm to Thecoz
quote:
I thought that district was created regardless of the arena for the business to help each other improve things like security.. lights.. so now every time you buy a sandwich over on chimes ( which happens much more frequently then the occasional arena event).. they collect taxes to give to a group of guys building competing businesses on the other side of campus in attempts to keep business over there
A TIF district can have multiple uses. As LSU’s already does. Northgate improvements and Nicholson Gateway.
They’ll have the ability to segment out tax revenue by venue/location
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