San Antonio Seeks to Extend Rental Tax for Stadium Funding

SAN ANTONIO --- After expressing an interest in purchasing the Florida Marlins Major League Baseball Team, San Antonio city officials submitted a stadium-financing proposal that would rely, in part, on a voter-approved extension of a car rental tax.

The 5% levy increase, coupled with a hotel tax, was initially voted on and set up to finance the NBA’s San Antonio Spurs’ arena, the SBC Center, according to a report in the South Florida Sun-Sentinel.

City officials told the newspaper that if an agreement is made between the Marlins and Bexar County, the tax measure would be intended for the November ballot.

The tax extension would cover $200 million of an estimated $300 million stadium, The Miami Herald reported.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Five Business Model Trends for 2017

As new forms of mobility take flight, the borders with traditional car rental are starting to erode.

Are Commercial Drone Deliveries Eminent in the U.S.?

Amazon just delivered its first package by drone in England. Will U.S. delivery fleets be able to take advantage soon?

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

Job Finder: Access Top Talent. Fill Key Positions.