ONN – How Tax Increment Financing For Oakland A’s Howard Terminal Ballpark Project Works – A Vlog Primer – video by the YouTube channel in the video’s upper left hand corner.
How Tax Increment Financing For Oakland A’s Howard Terminal Ballpark Project Works – A Vlog Primer
This is based on : Oakland A’s Howard Terminal Ballpark Project: Correcting East Bay Times Post On Costs, Benefits
Once again, the Oakland A’s Howard Terminal Ballpark Project is the focus of The East Bay Times. And again, The East Bay Times (once the Oakland Tribune) in the article “A’s Howard Terminal proposal: Who pays for what, exactly?” did not correctly explain the financial system that governs the public-private partnership, tax increment financing, or “TIF” – indeed, on this occasion, the reporter, Annie Sciacca, did not even try to mention it in her post. But, as you’re about to learn, again, you can’t understand the project without understanding TIF.
First, this disclaimer: I am not attacking Annie Sciacca personally. I do not know her, never met her, nor have I ever heard of her until seeing the title of the post she wrote via Twitter. This is not about her; it’s about the importance of getting the subject matter right so that Oakland A’s fans and the Oakland population, then the County of Alameda, and the State of California, and finally sports fans the the American public understand what’s going on here.
Second, tax increment financing revenue calculations and forecasting is second nature to me, and many in Oakland know it. For reasons boiling down to racism, they’d rather take the road of trying to ignore my words. That’s one reason I started my own media company, Zennie62Media: so I would not be stopped from presenting the truth, not that Ms. Sciacca is presenting a post with deliberately false information. So, with that, let’s take what she wrote, and break it down, and correct it. (And here’s the link to my Google spreadsheet simply called “HT Stadium”.). More: https://ift.tt/3wsQMzT
Note from Zennie62Media and OaklandNewsNow.com : this video-blog post demonstrates the full and live operation of the latest updated version of an experimental Zennie62Media , Inc. mobile media video-blogging system network that was launched June 2018. This is a major part of Zennie62Media , Inc.’s new and innovative approach to the production of news media. What we call “The Third Wave of Media”. The uploaded video is from a YouTube channel. When the video is “liked” by Zennie62 YouTube, then it is automatically uploaded to and formatted automatically at the Oakland News Now site and Zennie62-created and owned social media pages. The overall objective here, on top of our is smartphone-enabled, real-time, on the scene reporting of news, interviews, observations, and happenings anywhere in the World and within seconds and not hours – is the use of the existing YouTube social graph on any subject in the World. Now, news is reported with a smartphone and also by promoting current content on YouTube: no heavy and expensive cameras or even a laptop are necessary, or having a camera crew to shoot what is already on YouTube. The secondary objective is faster, and very inexpensive media content news production and distribution. We have found there is a disconnect between post length and time to product and revenue generated. With this, the problem is far less, though by no means solved. Zennie62Media is constantly working to improve the system network coding and seeks interested content and media technology partners.
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