San Diego State University intends to increase its local impact through an expansion in Mission Valley. Here’s how it will be financed.
No reliance on tax dollars (state appropriation) nor tuition or student fees. These revenues are exclusively for our operating budget – instruction and instruction support. SDSU would not increase tuition or student fees to pay for SDSU Mission Valley.
Initial site development costs include land purchase site infrastructure, River Park and off-site mitigation (as part of CEQA process). These initial costs are estimated to be $300 million and would be financed through revenue bonds issued by the California State University system. These are not the same as taxpayer dollars. The bonds will be repaid with revenue generated by the leases with SDSU’s public-private partners, not taxpayer dollars.
The stadium is fully self-supporting with revenue generated by the facility (e.g., ticket revenue, facilities rental revenue, naming rights, sponsorships, donations) covering the development costs and ongoing operations of the project.