Officials are aiming for a self-supporting bond programme financed by several existing and new revenue sources, including sales taxes and sales tax rebates on arena sales.
Other revenue sources include Memphis Light, Gas and Water payments in lieu of taxes, continuation of a city hotel-motel tax, and facility-associated revenues.
The city and Shelby County are expected to enter into an agreement with MSA to make up any shortfalls in debt service with non-property-tax revenues on a 50/50 basis.
