City to Receive Additional Benefits from Cavs, Pending Admissions Tax Extension

“I am pleased to recognize the Cleveland Cavaliers’ commitment to continue and expand their community benefits in the City of Cleveland if Ordinance 305-17 becomes effective this week:

  • They have added to last year’s work at Fairfax Recreation Center by now agreeing to refurbish basketball courts in every City recreation center.
  • They have agreed to ensure—in  years 2024 through 2034—that the City’s General Fund will receive no less than an equal amount to the amount paid from Admissions tax to the trustee for the Q Transformation debt.
  • And they have agreed to invest the proceeds of their playoff watch parties in a Habitat for Humanity home program throughout the City of Cleveland.”

– Mayor Frank G. Jackson