

Go Away Chargers- Billion Dollar Taxpayer Ripoff
STADIUMS DO NOT MAKE MONEY FOR THE HOST CITY
Qualcomm Stadium
(& All Stadiums)
Cost Taxpayer Money
THE CITY OF SAN DIEGO FACES UNIQUE OPERATIONAL AND ADMINISTRATIVE CHALLENGES IN MANAGING QUALCOMM STADIUM
The City of San Diego (City) has owned and operated the Qualcomm Stadium (Stadium), formerly known as Jack Murphy Stadium and San Diego Stadium, since 1967.... Based on our performance audit, we found that the City faces unique operating and administrative challenges managing the Stadium, including:
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Stadium operations are not self-sustaining and must be significantly subsidized through Transient Occupancy Tax (TOT) revenue and other non-Stadium asset revenue;
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In order to mitigate the operational and managerial risks associated with the stadium, we recommend:
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The City can enhance its vision for administering Stadium policy by formalizing a business plan specific to the Stadium.

THE CITY OF SAN DIEGO NEEDS A CAREFULLY THOUGHT OUT BUSINESS PLAN IF THEY DECIDE THEY WANT A STADIUM
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