Bank of America Stadium

Jennifer Lang / WFAE

The Carolina Panthers say their 17- year old stadium needs an upgrade and they want taxpayers to pitch in. City of Charlotte officials are busy negotiating behind closed doors to come up with as much as half of the $250 million renovation.  They're reportedly looking at doubling the city's tax on prepared foods, such as meals in restaurants. That's not the only local tax Charlotte has used to fund big projects in the past. We asked WFAE's Julie Rose to sort out the sales taxes Charlotte has access to, as this debate over upgrading Bank of America stadium unfolds. 

Convention Center Money Could Help Cover Panthers Stadium Upgrades

Jan 23, 2013
Flickr/Suzie T

  Rather than raise taxes to help pay for Bank of America Stadium renovations, the city of Charlotte could cover almost all of the team’s $125 million request by using Convention Center money.

New estimates from the city show that a Convention Center fund could finance $110 million in debt.

gbein83/Flickr

  The Carolina Panthers asked the Charlotte City Council in closed session late Monday for $125 million to help pay for renovating Bank of America Stadium, according to two sources.

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