Taxpayers could end up investing nearly $1 billion in the new Chargers stadium under the plan released this week by the mayor’s stadium task force, a Voice of San Diego analysis of the plan shows.
The analysis includes all the public money the task force said would need to go toward the stadium, plus the money to prepare the Mission Valley site for development and some costs the task force neglected. Most notably, the task force did not factor in the price tag to operate and maintain the facility every year – something that costs the city about $11 million a year at the current site.
Let’s break down the figures.
This is how much public money the task force says it will cost to build the actual stadium, and where it would come from.
• Day-to-day budget of the city and the county: $242 million