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Stadium projects push state debt over $3 billion

by Jack Stapleton Jr.

by Jack Stapleton Jr.

Four proposed urban athletic stadium developments, estimated to cost at least $906 million, will trigger multimillion-dollar increases in the state’s bonded indebtedness and would boost the current amount of Missouri state government’s bonded indebtedness above the $3 billion mark.

An oversight audit by the Committee on Legislative Research reveals that the combined state government and its independent statutory authorities currently have a

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