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Serious question...Has anyone looked at the annual rate of return on that $75 million the state will fork over?
 
JAG89 said:
Serious question...Has anyone looked at the annual rate of return on that $75 million the state will fork over?
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It's called "Economic Impact". That's all on the website, if you care to stop hatin' for a moment and look at it! :lol:

Rate of return is a term reserved for private investments, not government funding. Stadiums, arenas and convention centers don't make a whole lot of money. It's the local businesses that it stimulates and creates that make them worth building. Hence, economic impact.
 



LS Syndicate said:
It's called "Economic Impact". That's all on the website, if you care to stop hatin' for a moment and look at it! :lol:

Rate of return is a term reserved for private investments, not government funding. Stadiums, arenas and convention centers don't make a whole lot of money. It's the local businesses that it stimulates and creates that make them worth building. Hence, economic impact.
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Since you seem to think rate of return doesn't apply to government, I'll tell you what it is. The State of Mississippi is expected to receive a total of $14 million over a 20 year period, providing that jSU can generate enough revenue. Based on those figures, the annual rate of return is like 1.76%, which is probably the lowest rate of return for any situation. But I was just asking a serious question.
 
JAG89 said:
Since you seem to think rate of return doesn't apply to government, I'll tell you what it is. The State of Mississippi is expected to receive a total of $14 million over a 20 year period, providing that jSU can generate enough revenue. Based on those figures, the annual rate of return is like 1.76%, which is probably the lowest rate of return for any situation. But I was just asking a serious question.
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What is the rate of return on that $18 million plus fieldhouse and expansion ya'll did to Mumford.

Is Bobby J screaming for the state of Louisiana's money back yet after all these years? Did rate of return even come up when getting financing and bonds issued for this project? Give me the hard numbers on what SU is paying back yearly on that Football Stadium Construction. :smh:
 
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LS Syndicate said:
It's called "Economic Impact". That's all on the website, if you care to stop hatin' for a moment and look at it! :lol:

Rate of return is a term reserved for private investments, not government funding. Stadiums, arenas and convention centers don't make a whole lot of money. It's the local businesses that it stimulates and creates that make them worth building. Hence, economic impact.
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I have made my last statement to him on this and moving on. :lol:
 
JSUDMJ2004 said:
Why do people make empty statements like this? I know that this is a sports board filled with opinions but you have no clue who works for the University or who is apart the alumni circle and who is in the know...I can honestly say that...you dont know what he or anyone else knows....
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:lol: Why is making crazy statements like that different from any other time. :lol:
You know the drill. The info is out there so the usual suspects can either eat it up and enjoy or take a bite and throw up.

Personally..........I don't care either way. :lol:
 
staggalee83 said:
What is the rate of return on that $18 million plus fieldhouse and expansion ya'll did to Mumford.

Is Bobby J screaming for the state of Louisiana's money back yet after all these years? Did rate of return even come up when getting financing and bonds issued for this project? Give me the hard numbers on what SU is paying back yearly on that Football Stadium Construction. :smh:
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I really don't know since SU didn't publish their numbers like jSU has done for this domed stadium, but I'm pretty sure the total interest paid back would be a lot less than $14 million if the annual rate of return was 5% over a 20 year period. It would be something like $3.5 million less at 5% on $18 million. But I'm sure jSU graduates are doing the calculation and asking the right questions.
 
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staggalee83 said:
What is the rate of return on that $18 million plus fieldhouse and expansion ya'll did to Mumford.

Is Bobby J screaming for the state of Louisiana's money back yet after all these years? Did rate of return even come up when getting financing and bonds issued for this project? Give me the hard numbers on what SU is paying back yearly on that Football Stadium Construction. :smh:
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SU did a bond issue for 60 plus million. If I'm not mistaken, the state didn't have jack to to with it. SU used outside sources.
 
JSUDMJ2004 said:
Why do people make empty statements like this? I know that this is a sports board filled with opinions but you have no clue who works for the University or who is apart the alumni circle and who is in the know...I can honestly say that...you dont know what he or anyone else knows....
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I make statements like that because they are true.

Carolyn Meyers doesn't know how the numbers were derived or if they are valid. Someone made a presentation and she either believes them or she doesn't. AD Lick Lick Monster doesn't know. Nor does that VOR assclown who acts like he knows all things JSU. I don't care what his affiliation is with the university. It's very obvious that he was not the person or among the people who actually compiled the financial information and made the projections. Very obvious. Therefore, he's relying on what somebody else told him and what he can comprehend. Which is ... less than impressive to me.
 
SUJagFan said:
I make statements like that because they are true.

Carolyn Meyers doesn't know how the numbers were derived or if they are valid. Someone made a presentation and she either believes them or she doesn't. AD Lick Lick Monster doesn't know. Nor does that VOR assclown who acts like he knows all things JSU. I don't care what his affiliation is with the university. It's very obvious that he was not the person or among the people who actually compiled the financial information and made the projections. Very obvious. Therefore, he's relying on what somebody else told him and what he can comprehend. Which is ... less than impressive to me.
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So tell us uneducated JSU folks how the numbers are derived. Make the numbers work for us. After all, it states that there are 14 funding options. I'm sure you know the percentage of those funding options, and how they play into bond repayment. I'm also sure you're knowledgeable of debt restructuring, and the sorts. It seems like you're the engineer and the accountant who has the ROI model sitting in front you. Please share. We want to know the inside scoop of who the corporate sponsors who are waiting to put their name on the dome. How much federal money is up for grabs and why is it up for grabs? How much in New Market credits can we take? Oh, and of those 14 funding options, which ones and how much will JSU have to repay? How much will the city of Jackson put up? How much will Hinds County put up?
 



Why are folks hating on JSU? For them to even attempt something like this is good for the SWAC. Maybe they could share their ideas with other SWAC schools to step their game up.
 
You my friend are worst kind of FOOL... The one that doesn't know he is!
SUJagFan said:
I make statements like that because they are true.

Carolyn Meyers doesn't know how the numbers were derived or if they are valid. Someone made a presentation and she either believes them or she doesn't. AD Lick Lick Monster doesn't know. Nor does that VOR assclown who acts like he knows all things JSU. I don't care what his affiliation is with the university. It's very obvious that he was not the person or among the people who actually compiled the financial information and made the projections. Very obvious. Therefore, he's relying on what somebody else told him and what he can comprehend. Which is ... less than impressive to me.
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The Founder said:
Why are folks hating on JSU? For them to even attempt something like this is good for the SWAC. Maybe they could share their ideas with other SWAC schools to step their game up.
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Too many negros that are too afraid of their own shadows to even try something like this. Always sitting around looking for reasons to talk themselves out of improving while a couple of schools are actually thinking outside the box, looking 10 and 20 years down the line. I hope I see the day JSU bolts this conference.

But................all I can do right now is :lmao:
 
Even mid size urban areas are starting to realize you can have the best burbs in the world, but if you inner core (downtown and such), does not draw or generate entertainment and tourism dollars, your metro area will rot from the inside out. Concerts, bowl games, minor league teams. And the biggest thing is conventions. There are all kinds of mid size organizations that are too small for a Superdome but too big for a regular hotel and need a full convention and exhibition hall.

While I commend JSU for taking the lead, this is way bigger than JSU and it is a vision their whole community can buy into and benefit from.
 
The state and city of Jackson has missed out on a lot of opportunities to have things. I just don't see why JSU would put it in the Jacksonian and have a website if it wasnt being considered. To the people who had questions about the funding, why? What is it you? You guys still think that Mississippi is that damn poor to where we cant build? Look at all of the changes happening around JSU, open your eyes and see whats actually going on. Let the people with the money worry about the funding, you guys just need to sit back and watch.
 
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