ST. LOUIS • A pillar of the financing package pushed by new stadium backers may not produce as much available revenue as they have represented in court.
For months, planners of the riverfront stadium have argued that city taxpayers will shoulder no new burden. The same tax revenues that pay down debt on the Edward Jones Dome are enough to cover the city’s share of a new stadium, too, they say.
But, according to records recently obtained by the Post-Dispatch, it’s unclear tax revenues associated with the Dome’s construction have ever been enough to cover its debt.