Award Date

5-1-2000

Degree Type

Capstone

Department

Public Administration

First Committee Member

William Thompson, Chair

Second Committee Member

Karen Layne

Third Committee Member

David S. Tanenhaus

Fourth Committee Member

Leonard E. Goodall

Number of Pages

71

Abstract

During the course of the 1990s cities across the country opted to expend public monies at record levels on stadium and arena construction. The focus of this paper will be an examination of whether or not spending public money on private athletic facilities is justifiable. For the purpose of this paper “justifiable” will mean; that the overall economic benefit to the community can be clearly and quantifiably demonstrate to have a net positive economic impact on the community while benefiting all socio-economic elements of the community at large. The types of facilities that this paper will examine are arenas and stadiums. For the purposes of this paper an arena will be defined as an enclosed structure with a seating capacity of less than twenty five thousand seats. A stadium is either an open, closed or a retractable roofed facility with more than twenty five thousand seats.

Keywords

Arenas; Local finance; Stadiums – Design and construction; Stadiums – Economic aspects; Stadiums – Finance

Disciplines

Accounting | Business | Finance and Financial Management | Public Administration

Language

English


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