South DaCola

The city only applies transparency to bragging

Okay, I am NOT shocked, the mayor will only promote ‘positive’ numbers and if anything ‘negative’ is coming from city hall he keeps that information under lock and key. The irony of releasing this information today is just two days ago, city attorney Loophole David Fiddle-Faddle said NO details of a closed settlement would be released on the EC siding fiasco. We have our speculation why that is . . . cough . . . the city f’d up . . . cough, cough. But isn’t it amazing that SMG & our city finance office were able to get together and show us all these flashy numbers yet no audit has been done on construction costs? How’s the saying go? “Dazzle them with Bullshit”.

By the Numbers

$117,000,000: Cost of Premier Center construction

$115,000,000: Amount approved by Sioux Falls voters

$1.3-$2.9 million: Anticipated annual net income ahead of 2011 election

$1.8 million: Actual net income through July 31

$19.6 million: Anticipated annual revenues ahead of 2011 election

$21.7 million: Actual revenue*

$1.6 million: Sales taxes generated for state and city*

220,169: Attendance for the 2015 Sioux Falls Stampede hockey season.

64,674: Attendance for the 2015 Sioux Falls Storm football season.

*Through July 31

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