The Midway 'Subsidy,' Explained

This week, the San Diego City Council voted to explore the creation of a special tax district. Some called it "a major subsidy" to a large-scale project that would redevelop Sports Arena and the surrounding area.

This special tax district could generate extra funds to make the big project possible, especially for all the extra infrastructure needed to serve the housing units that developers promised. The specific name for this kind of setup is called an Enhanced Infrastructure Financing District. Or EIFD for short.

But, c'mon. What even is that? Scott Lewis will explain it.

Plus: When January flood victims suffered, local governments got caught in red tape. And even more election results.

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