The effort to bring lots of public money to paying down Aces Ballpark, home of the Reno Aces (Class AAA; Pacific Coast League), hit a snag after Washoe County officials put the brakes temporarily on a request for $15 million.
The Reno City Council has already committed $30 million over 30 years (out of general funds, no less) to help pay off $55 million in bonds used to construct the ballpark. Washoe County is being asked for half the level of subsidy. But while the city had some readily accessible sources of funding for the ballpark, Washoe County doesn’t — and commissioners are clearly irked at being asked to bail out a ballpark that was supposed to pay for itself. From the Reno Gazette-Journal:
The sources of funding to pay for a county-backed $500,000 annual subsidy are scarce, according to a Washoe County staff report.
“The general fund has very little current funding sources available given the extent to which budgets have been reduced in the current and prior years,” the report states.
The issue will be taken up in early December.
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