This VOCM story on Mile One stadium has the treasurer Robert Bishop claiming that stadium management hopes to break-even or make a slight profit this year on the controversy-laden facility.
That figure includes a $1.0 million subsidy from taxpayers of St. John's.
Apparently people at city hall have trouble with math.
In order for the stadium to break-even, they would have to make $1.0 million more than they are planning to make. In other words, when they are done, Robert Bishop will be posting a $1.0 million shortfall.
He shouldn't be counting the city subsidy into his calculations.
That is, he shouldn't be including the subsidy unless his goal is to mislead people.
