Postby drawscore » Fri Mar 30, 2012 10:49 am
If it's their own money, they can do any damn thing they like with it.
If it's taxpayer money, then it should be an "investment" that will return more than is initially paid out. For instance, if the city puts up $100,000 in cash, goods, and services, then the admission fees, concessions, VIP areas, tourism associated with the event, etc., should return $150,000 or more. If it does, the city makes money, and can provide additional services for its residents without raising taxes. If it doesn't, the idea should be scrapped.
Drawscore