But lower-than-projected retail sales per square foot and later-than-expected openings in nonrestaurant retail mean sales-tax revenue from the project will fall short of what is needed to cover the debt serviceon the city bonds issued to help pay for the district's development, according to Troy Schulte, the city's budget officer.
The target was designed to keep big borrowers like Brazil from defaulting on their debt service by budgeting enough money to cover bond interest to foreign investors.
Here on Forbes.com, and over HBR, on tech and professional service sites, and sites that cover the emergent business world, that commentary kept coming back to social.