Published May 29, 2012 at the Rock River Times
On May 16, the Illinois House approved a Senate bill allowing Winnebago County and its municipalities to raise their hotel tax rate by 2 percent. These funds will go toward a $37.5 to $43 million project (reclaimingfirst.org) to improve several existing Park District sports facilities, as well as to turn the former Ingersoll factory along the river in downtown Rockford into an indoor sports complex.
Proponents of this plan call it “Reclaiming First,” because it will supposedly reclaim Rockford’s place as the number one destination for sporting events in the Midwest. While this plan has received bipartisan support among elected officials in the area, taxpayers have several reasons to be concerned.
The riverfront sports complex alone is projected to cost between $11 and $14.9 million and will be funded by several sources, all of which are public. If passed, the hotel tax increase will generate an estimated $750,000 a year. $7 million in funding will come from the Illinois Department of Commerce, and Rockford’s redevelopment fund and the Rockford Park District are expected to pick up the rest of the tab.