The Morning Report
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Wait a second. National City begs its residents for a tax hike because it was supposedly going to crumble without more revenues and yet now that it has the higher tax, it’s thinking about luring the Chargers to town?
From Andrew Donohue‘s story today:
National City voters in June passed a one-cent sales tax increase in order to close what city officials said was a structural budget deficit. The increase sunsets in 10 years, and Zapata said city officials have an obligation to evaluate all revenue opportunities in order to achieve long-term “fiscal sustainability.” A stadium could be one option to attract restaurants and hotels, he said.
So National City is considering building a football stadium for the Chargers to fix a structural deficit in its budget? Cool. Good luck with that.