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County commissioners propose giving Blazers owner $35m from different taxpayer pocket
['Neil Demause']
Field of Schemes
That would eliminate a controversial funding source, revenue from the county’s business income tax derived from the Trail Blazers’ sale, from the budget.
The Oregonian notes that keeping the $35 million in income taxes would mean the money would stay “in the county’s regular budget, where it could pay for county services.”
It would mean instead taking $35 million in rental car taxes out of the county’s budget, but since that’s money that is earmarked for paying off the county’s 2019 expansion of the Oregon Convention Center, it’s not technically general fund money.
Hey, Multnomah County, you can be savvy negotiators too!
All you have to do is use your leverage against the person on the other side of the negotiating table, instead of against a different part of your own public budget.