Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Growing cash in Vikings stadium fund needs more state guidance, audit says

 

November 14, 2019

Richard Tsong-Taatarii – Star Tribune

The U.S. Bank Stadium reserve account is expected to grow to nearly $200 million by 2023.

After a rocky start, a critical reserve account for U.S. Bank Stadium where the Vikings play is expected to grow to nearly $200 million in 2023, according to a new financial audit that could spark fresh debate about how to use the extra money.

The audit tosses the burgeoning account - which is used to pay the bonds on the $1.1 billion building - squarely before Gov. Tim Walz and the next session of the Minnesota Legislature, which convenes in February.

http://www.startribune.com/audit-recommends-legislature-revisit-uses-of-u-s-bank-stadium-reserves/564857272/

 

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