Cavalcade of funding options for Vikings stadium

December 7, 2011 at 4:01AM

Vikings: Team has offered $407 million -- $425 million if it gets its preferred site of Arden Hills. It has said the state should divert the $20 million annually in taxes generated by the Vikings from the general fund and use it to pay for the stadium. That includes $11.5 million in state withholding taxes on players and staff and $3 million in Vikings tickets sales tax.

Ramsey County: Seeks authority to levy undetermined local sales taxes for Arden Hills site.

Minneapolis: Would contribute $300 million to Metrodome site, diverting local sales taxes now used to pay the debt on the city's convention center.

White Earth Indian tribe: Would raise $300 million yearly by building a tribal casino adjacent to a stadium in Arden Hills.

Block E casino: Build downtown Minneapolis casino, with partial revenue to fund stadium.

Electronic pull tabs and bingo: Allow portable hand-held devices for charitable gaming bingo and pulltabs at 2,500 sites across the state.

Racino: Allow slot machines at the Canterbury Park and Running Aces horse racing tracks and use proceeds to fund stadium.

Iron Range racing complex: Raise $25 million annually for the state by offering racino -- slot machines at race tracks -- along with horse racing, gaming, snow-cross, moto-cross and ATV racing at an auto track in northern Minnesota.

MIKE KASZUBA

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