City Plans to tap Entertainment Tax slush fund for SF Stadium and SMG

Looks like SMG isn’t happy enough with padding their pockets with the Orpheum, the Arena and The Denny, they now want a piece of the pie at Sioux Falls (Canaries) Stadium, and with the slush fund called the entertainment tax they see dollar signs. As we know, with the EC, they get paid, the entertainers get paid, the promoters get paid and concessions manager Ovations gets paid while the taxpayers are stuck with the maintenance and mortgage that is well over $10 million a year.

Another scam that just sends more money straight out the door of our community while not helping to pay the REAL bills.

Just look at the budget boost from 2017-2018.

1 comment so far ↓

#1 The D@ily Spin on 08.16.17 at 8:48 am

There’s a monopoly going on right here. What happened to competitive bid process? Without separate contracts, this has become an overpriced fixed scheme.