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Paying for Pimlico project remains a concern

September 17, 2024

Questions were raised anew Monday about the ability of lottery funds to cover costs for the planned renovation of Pimlico Racetrack, which will be competing for funding with several other Maryland Stadium Authority projects. Comptroller Brooke Lierman (D) asked Maryland Stadium Authority officials for details on its revenue projections and whether funding from the lottery can support hundreds of millions of dollars of bonds that will be needed for Pimlico, on top of projects at the two stadiums in Baltimore and the Blue Line Corridor project in Prince George’s County.

Article Source: Maryland Matters

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