Back to the Tampa Bay Rays Newsfeed

How tourism taxes will fund the new Rays Stadium

A new Rays stadium will most likely get built with a cocktail of public and private investment, with the exact ingredients and proportions still (we assume) under discussion.

Professional stadium and arena projects such as that proposed for Ybor City often make use of tourism taxes, which in many states can be used to pay down bonds floated for construction costs.

As the Rays December 31, 2018 deadline to confirm their intention to leave Tropicana Field approaches, we have been digging deeper into the finances behind a new Rays stadium.

This article provides a bit of background about tourism taxes and stadium development.