Plano Independent School District approves $250M funding for Dallas Stars arena

The Plano Independent School District (PISD) approved a $250 million funding allocation for a proposed new hockey arena for the Dallas Stars. This decision follows the city of Plano's commitment of $700 million in taxpayer funds for the $1 billion project. PISD officials argue that hosting events at the arena and projected future revenues justify the investment, despite facing a $44.8 million budget deficit. Critics question the financial viability of this move, citing a lack of clarity on infrastructure costs and the overall benefits for the district. Voters will face a proposition to establish a 'venue tax' that could further contribute to the arena's funding.

• 2:26 PMYahoo Sports — Dallas Stars poised to take $250M from struggling schools in new arena racket