Governor Hochul May Use Cash to Cover Remaining Cost of New Bills Stadium

The governor is looking at using cash, rather than borrowing, to cover the remainder of the state's share of the cost of the new Bills stadium.

A Hochul spokesman tells The Buffalo News the rising interest rates make long-term borrowing unattractive.

The state's share is $600 million. $418 million is coming from payments from the Seneca Nation. And the spokesman says it is likely the remaining $182 million will come from a $6 billion pot of money created in the 2022-23 budget agreement.


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