Sunday, November 6, 2016

The Facts on Arlington’s Ballpark Vote

When considering a vote for a new Rangers ballpark in Arlington, it would be refreshing to stand on level ground and consider some facts, instead of beliefs that are unsubstantiated.

  1. Dallas Mayor Rawlings has had substantive talks with the Rangers concerning a move to Dallas.
  2. Dallas has most of the regional TV stations, Sports Talk Radio Stations, and the Dallas Morning News to use as media platforms in support of moving the team to Dallas.
  3. Two such entities, WFAA and the Dallas Morning News, currently are on sites for a proposed new ballpark in Dallas. They are conflicted and biased in their reporting.  i.e.  Brett Shipp
  4. Dallas currently has $200-$300 mil for the renovation of their Convention Center that could be diverted to a new ballpark without a vote of Dallas citizens.
  5. John Crawford, the CEO of Downtown Dallas Inc., is affiliated with The Hunt Corporation.  Ray Hunt has reliefs of a new ballpark in his office and is the driving financial force in moving the Rangers to Dallas.  Mr. Crawford is Hunt’s financial emissary capable of motivating Dallas interests and rallying additional funds to support this effort.

The movement to Dallas and the bias in the media are substantiated.  So let’s tell some truths about the Arlington deal.

  1. The ½ cent sales tax, along with the parking and ticket tax, are currently being used to fund AT&T Stadium.  The voters will be deciding if they want to extend the current taxes to purchase a new domed ballpark that is capped by the City at $500 mil.
  2. A survey was accomplished by H. R. & A. from Dallas, concerning the economic impact that the Rangers have on the City of Arlington.  The report stated that the City benefits $77.5 mil. annually by having the Rangers in Arlington.
  3. Another survey, from Longwood Travel, Inc. in L.A., stated that the City had 14 mil. visitors in 2015, spending approximately $1.4 billion in the City of Arlington.  Moving the Rangers would be a very significant financial loss to our City.
  4. The third independent study was performed by VISA credit cards.  It confirmed that only 48% of Arlington’s sales taxes are paid by citizens within Arlington zip codes.  
  5. Arlington’s sales tax (.80) and property tax (.64) rates are the lowest tax rates of any city in the Metroplex, due in part by our partners in the entertainment district.
  6. The last survey was done by Money Magazine, out of NY, selecting Arlington, Texas as the “Best Big City” in the South to Live.
  7. Last, if you divide $500 mil. by 30 yrs. the result is $16 mil. per year. Consider that citizens only pay 48% (of local sales taxes) and you are down to $8 mil.  Remove the $2 mil. paid in rent by the Rangers each yr.  Subtract the $2.2 mil. in hotel tax and .8 mil. in rental car taxes, and Arlington residents are only paying $3 mil. per year, but are receiving $77.5 mil. in return.  This is a remarkable return on investment.

These are the facts of this issue that should be considered.  Sure, you can say that I didn’t factor interest. The reason is that I can’t tell you when the ballpark will be paid off, so let’s not muddy those waters.  These are the facts and many were brought to us by outside, unbiased organizations. Number 7 is my set of calculations. It is an easy equation to consider. But this is even easier. Vote Yes they stay, Vote No they go. So Vote Yes and Keep the Rangers in Arlington. 

Charlie Parker
Arlington City Councilman
District 1

1 comment:

  1. Over 1,000 views on this post in 2 days. Thank you!

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