City of Jacksonville


Stadium Agreement Funding Statement

May 14, 2024
Chief negotiator Mike Weinstein issued the following statement in response to inaccuracies about the city’s portion of stadium agreement funding.
“Our recommended funding proposal follows the will of voters when they passed the referendum to complete Better Jacksonville Plan projects and start paying down pension fund debt in 2031 out of the half penny sales tax. 
Anyone who says this funding proposal would doom the pension fund is either intentionally misleading the public or misunderstands how the pension fund actually works. 
Leaving the Better Jacksonville Plan on its originally intended timetable will save taxpayers $1.5 billion in debt service and fully fund the pensions.”
More background on the funding proposal can be found at