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Public Funding

All articles tagged with #public funding

Madrid-Backed Woody Allen Film Includes City-Name Clause and Festival Premiere
entertainment4 hours ago

Madrid-Backed Woody Allen Film Includes City-Name Clause and Festival Premiere

Woody Allen’s next film, set in Madrid and produced by Wanda Vision, Gravier Productions, and 3SIX9 Studios, will receive about €3 million in public funding from the Madrid Regional Government and Madrid City Council, with an estimated €4 million more to be raised from tax credits, ICAA, and a TV prebuy; the roughly $11.4 million budget requires the title to include the word 'Madrid' and a festival premiere, with at least 15% exterior filming in the city and most of the investment spent there to support jobs and screen tourism as Madrid seeks to boost its profile through Allen’s movie.

Royals Find Rhythm On Field, Stadium Debate Dominates KC Headlines
sports6 days ago

Royals Find Rhythm On Field, Stadium Debate Dominates KC Headlines

The Royals’ lineup returns to balance with the returns of Vinnie Pasquantino and Maikel García, fueling a win and proving the management’s envisioned depth when the lineup is fully together. Separately, Lucas Erceg’s pitching arsenal is analyzed as he works to rebound in 2027. Off the field, KC releases new stadium renderings ahead of a pivotal city council committee meeting where a protester was removed, as debate over a roughly $1.9B downtown ballpark—largely funded by taxpayers—intensifies, with critics warning the public cost could soar and votes could be delayed, underscoring how stadium politics are eclipsing on-field news.

Timbers Owner Urges Regional Leaders to Step Up as Moda Center Talks Intensify
business6 days ago

Timbers Owner Urges Regional Leaders to Step Up as Moda Center Talks Intensify

Merritt Paulson, owner of the Portland Timbers, says the Trail Blazers can’t leave Portland and uses the Moda Center renovation negotiations to urge regional leaders to make the city more attractive for investment. While not committing to taxpayer funding, he warns the region should heed the implications of the dispute, as the Blazers seek about $600 million in public money and Providence Park has already drawn roughly $145 million in private investments.

Taxpayer Funds, Indigenous Lore, and the Erosion of Scientific Rigor
science-and-public-policy11 days ago

Taxpayer Funds, Indigenous Lore, and the Erosion of Scientific Rigor

A Skeptic magazine piece argues New Zealand government funding has increasingly backed projects based on Māori knowledge that lack empirical support, from lunar-phase health claims (NZ$1.2M) and lunar calendar birth outcomes (NZ$400K) to kauri-tree healing using whale products (NZ$1.1M) and a government-funded Antarctica documentary (NZ$400K). It contends that cultural sentiment is lowering the scientific bar, leading to publicly funded research built on anecdotes or untested mechanisms rather than robust evidence. The article also covers the Polynesian Antarctic voyage claim, the subsequent scholarly rebuttal, and a 2024–2026 pattern of funding that critics say privileges culture over rigorous science, urging unwavering evaluation of evidence regardless of origin.

Bears weigh a new home beyond Soldier Field: Arlington Heights or Hammond in focus
sports12 days ago

Bears weigh a new home beyond Soldier Field: Arlington Heights or Hammond in focus

Chicago Bears are weighing a move from Soldier Field with Arlington Heights and Hammond, Indiana as leading options; Hammond has received official backing for a stadium project, while Illinois lawmakers adjourned without advancing a key megaproject bill, prompting a decision by spring or summer on a 2030 opening. The plan contemplates about $3.2 billion in costs, with roughly $2 billion from private sources, about $900 million from the state and NFL support, financed through bonds repaid by a hotel-tax levy; Halas Hall will stay in Lake Forest. A relocation would reshape the region and draw scrutiny over taxes, traffic and community impact.

Bills defend $2.2B Highmark Stadium amid sightline backlash
sports14 days ago

Bills defend $2.2B Highmark Stadium amid sightline backlash

The Buffalo Bills defended their $2.2 billion Highmark Stadium amid social-media backlash over obstructed sightlines, with COO Pete Guelli saying fewer than 1% of PSL holders reported issues and vowing case-by-case resolutions; critics highlighted video-board size and crowd-flow concerns, while the team argued some obstruction is inevitable and that presentation elements will be refined as the venue opens.

Multnomah County commits $101M to Moda Center renovation amid arena funding push
local-government18 days ago

Multnomah County commits $101M to Moda Center renovation amid arena funding push

Multnomah County approved a term sheet committing up to $101 million toward renovating the Moda Center as part of a roughly $600 million public funding package for the Portland Trail Blazers’ arena. The 4-1 vote starts negotiations with the City of Portland, which must contribute about $120 million, while Oregon’s $365 million state funding is already approved but contingent on local contributions, with a December vote to finalize the deal.

Portland Council wrestles with $400M Moda Center deal for the Blazers
politics19 days ago

Portland Council wrestles with $400M Moda Center deal for the Blazers

Portland’s City Council heard hours of testimony on a draft term sheet for a Moda Center renovation that could total about $400 million in public subsidies and require the Blazers to stay in Portland for 20 years, with proposed amendments to boost city benefits—such as capturing parking revenue, raising ticket surcharges, boosting charitable giving, and strengthening labor protections—ahead of an Aug. 12 final vote.

Demanding Facts in Portland's Arena Deal
sports24 days ago

Demanding Facts in Portland's Arena Deal

An open letter to Dewayne Hankins criticizing his remarks during a Portland City Council work session on Moda Center renovations, urging the Blazers to provide data-backed, transparent details for a proposed up-to-$600 million public investment and questioning deferred maintenance claims, SB 1501 implications, and the lack of a precise scope of work.

Blazers weigh meeting with Portland on Moda Center lease amid funding stalemate
local29 days ago

Blazers weigh meeting with Portland on Moda Center lease amid funding stalemate

Portland’s Trail Blazers and the city remain far apart on a new 20-year Moda Center lease as negotiations center on public funding and how the funds would be used; the City Council is set to vote Aug. 12 on the draft term sheet, while owner Tom Dundon has signaled a deal only with roughly $575 million in public funding. The state’s package depends on local funding, with $208 million to be provided locally and $120 million already earmarked by the city, though details and uses are still unclear. The Blazers have been reluctant to share specifics or commit to a Thursday work session, and leaders on both sides have publicly pressed for more transparency amid ongoing talks.

Portland taps outside negotiators to steer Moda Center deal with Trail Blazers
local1 month ago

Portland taps outside negotiators to steer Moda Center deal with Trail Blazers

Portland has enlisted three outside firms to lead negotiations with the Trail Blazers over Moda Center renovations, signaling that city officials will not helm the talks. A contentious draft term sheet has raised concerns from the Blazers and city leaders, with a final deal targeted by year’s end and an estimated $600 million in public funding. The state, Multnomah County, and the city will all participate, with negotiators Carl Hirsh (Stafford Sports), Denis Braham (Greenberg Traurig), and Damien Hall (Dunn Carney) taking the lead.

Metro-area mayors push Portland to seal Moda Center deal to keep Blazers
local-politics1 month ago

Metro-area mayors push Portland to seal Moda Center deal to keep Blazers

Twenty-four suburban mayors around Portland urged city and Multnomah County leaders to push a solid public funding package for Moda Center renovations to keep the Trail Blazers from relocating, as Portland weighs about $120 million in city funding and the county about $88 million; the city released a rough term sheet calling for a 20-year stay, $3 million annual payments from owners, renewable energy, discounted concessions and other community benefits, with an Aug. 12 City Council vote and ongoing negotiations amid NBA feedback.

Portland Sends Moda Center Terms to Blazers as Arena Deal Stalemate Deepens
local-news1 month ago

Portland Sends Moda Center Terms to Blazers as Arena Deal Stalemate Deepens

The City of Portland has issued a first-term offer sheet detailing conditions for the Blazers’ involvement in Moda Center renovations, including a 20-year non-relocation commitment, labor-peace requirements, caps on public funding and cost overruns, a $3 million annual property tax offset to be shared with the city, county, and Portland Public Schools, and mandates for community access, local hiring, sustainability, and Albina-area partnerships. The move comes after ongoing public sniping between the city and the team, with NBA Commissioner Adam Silver saying negotiations were “off track.” State and county funding has been approved, and the city says it’s awaiting essential information from the Blazers to move forward.