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re: Redass picture for Aggie pull out day
Posted on 2/15/19 at 1:26 pm to Smart Post
Posted on 2/15/19 at 1:26 pm to Smart Post
Again you continue to show your ignorance, which is not unexpected from you.
The capital campaign only extended five years with over 90% of all pledges/donations being brought in in years one through three the remaining were all captured within that five year window There are no outstanding pledges or donations all 400 million has been brought in. You continue to prove yourself a dumbass
The capital campaign only extended five years with over 90% of all pledges/donations being brought in in years one through three the remaining were all captured within that five year window There are no outstanding pledges or donations all 400 million has been brought in. You continue to prove yourself a dumbass
1
Posted on 2/15/19 at 3:41 pm to Old Sarge
Old Sarge doesn't know his arse from a hole in the ground.
He claims their capital campaign fully "funded" the Kyle Field expansion. This is incorrect.
So only 27 percent of funding can be linked to the five-year capital campaign.
The rest will be ongoing for decades. The debt aggy incurred to rebuild Kyle Field is NOT paid off.
Further, Kaiser claimed the hotel tax would pay aggy debt and actually be a boon for hotels and residents. That is also false because there are other expenses related to expansion that aggy has passed on to local taxpayers.
Aggy is bragging about how rich they are, but their athletics department is actually a huge drain on the taxpayer, necessitating bailouts in the form of sweetheart interest-free loans from the academic side to athletics, which on its face is against Texas state law.
To wit:
City of College Station website
He claims their capital campaign fully "funded" the Kyle Field expansion. This is incorrect.
quote:
According to the Kyle Field Redevelopment website: “The total cost of Kyle Field Redevelopment is $450 million: 51 percent will be funded by annual seat licenses, 27 percent will be funded by Kyle Field Campaign gifts, 17 percent will be funded by Texas A&M students and 5 percent will be funded by the local government agencies.”
So only 27 percent of funding can be linked to the five-year capital campaign.
The rest will be ongoing for decades. The debt aggy incurred to rebuild Kyle Field is NOT paid off.
Further, Kaiser claimed the hotel tax would pay aggy debt and actually be a boon for hotels and residents. That is also false because there are other expenses related to expansion that aggy has passed on to local taxpayers.
Aggy is bragging about how rich they are, but their athletics department is actually a huge drain on the taxpayer, necessitating bailouts in the form of sweetheart interest-free loans from the academic side to athletics, which on its face is against Texas state law.
To wit:
quote:
While five percent is obviously a small portion of the total amount, it does not consider the contribution that the cities of Bryan and College Station and Brazos County will make through increased police and fire protection, as well as through the maintenance of the infrastructure in roads and public works that will be required to accommodate an additional 20,000 fans on game day. Of course, there will be increases in receipt of sales taxes, which will help cover these costs, but it is not possible to increase the road capacities in and around Kyle Field to adequately accommodate these additional numbers. Thus, it will be necessary to utilize mass transit in ways that do not yet exist in College Station. The city of College Station has been doing an ongoing study of how to better manage the traffic on game days, but this can only provide a limited amount of relief and will have further costs involved in the investment of updated equipment.
City of College Station website
This post was edited on 2/15/19 at 3:42 pm
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