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How is the city paying for EverBank improvements?

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Updated: 6/20/2013 11:47 pm
JACKSONVILLE Fla.-- We got your Facebook messages and comments on Actionnewsjax.com.

You wanted to know how the city plans to pay for millions of dollars worth of stadium improvements even while there's a multimillion-dollar hole in the budget.

"I think there's a place for sports in a community, but you cannot replace what a public library is for a community," said Carla Forest, who tells us she's concerned about those funds not going toward the libraries in danger of closing.

So we took your concerns to the mayor's office. Spokespman David DeCamp told Action News the City plans on paying for their $43 million part of the improvement with money they say couldn't be used anywhere else; with a capital projects fund.

"Capitol programs are one-time-only money that you can't pay for reoccurring operating costs with," said DeCamp.

That means keeping libraries or fire stations open could never be funded with that money. Capital improvement funds are also being used to fix the Southbank Riverwalk and crumbling city roads. DeCamp says money for those projects will not come from Jacksonville's general fund.

"We're using bonds, standard bonds, that we always do and we're looking at the best way in revenue sources to use to pay this specific," said DeCamp.

DeCamp said the move may put the city in debt but it won't stop it from moving forward with other projects.

In the long run, the Mayor's office says the move will be worth every penny.


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The views expressed here do not necessarily represent those of Action News Jacksonville

1country - 6/21/2013 3:10 PM
0 Votes
I can just see it now! A couple years down the road when the jags are still losers and Kahn takes them west, the gator bowl and the fla/ga game will have a monster screen that is just sitting there with nothing to do the rest of the year!

1country - 6/21/2013 2:59 PM
0 Votes
I hope that thing stays broken more then not!!!

TOMMY - 6/21/2013 5:41 AM
2 Votes
By cutting more police, firemen , teachers,and taxing us more. Screwing the average tax payer out of things that are needed everyday. I believe in upgrades when necessary, a new scoreboard is not necessary, its a want, not a need, elderly people need things everyday for survival. This city waste so much unnecessary funds, two browns in office make for a good dump in the toilet!

Truthseeker - 6/21/2013 4:34 AM
2 Votes
"Spokespman David DeCamp told Action News the City plans on paying for their $43 million part of the improvement with money they say couldn't be used anywhere else; with a capital projects fund." Are you kidding me? Do you mean to tell me that the administration that is running the city of Jacksonville expects the local populace to believe that there is money in their budget that can only be spent on something as unimportant as Everbank Stadium? Give me a break! I believe we need a smarter administration...or, if we believe this, a smarter populace.
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