About the Ford Center: Were we lied to?

[Larry OKC]

Ouch.. math.... I hate math.
But here goes.
If I understand things correctly, the $19.5 million shortfall is for the life of the arena tax, not just for this current budget year.
As for the general fund shortfall, that, if I understand correctly, represents the current budget year to date.

(you and me both...LOL)

Thanks Steve and I tried to take that into account...the arena tax lasted 1.25 years (15 months), or what would equate to a tax rate of 1.25% and the General Fund portion of the sales tax = 2% over the same time period. Right??

Ford tax = 1.25% = $19M short
Gen Fund = 2.0% = $19M short

How 1.25 cents = 2.0 cents is where I get totally lost

Have written Mr. Dean and the City Manager, but too date haven't received a reply.

[Steve]

Larry, I've been told sometimes a man is best off admitting "I don't know."
I don't know.

[Larry OKC]

LOL...but at least you tried...Thanks again (and I obviously don't know either)