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The original item was published from 5/17/2023 2:10:00 PM to 5/17/2023 2:11:47 PM.

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Posted on: May 15, 2023

[ARCHIVED] Jefferson County Wants Your Input on Allocating Stadium District Funds

Empower Field at Mile High full of fans watching a Broncos game

The Metropolitan Football Stadium District (MFSD) refund project is set to make a significant impact on the lives of youth in Jefferson County. With $1.1 million in funds to be distributed, the are many great opportunities for funding youth activities. Jefferson County wants your input on how to allocate these funds. Mark your calendars for our upcoming open house on Saturday, June 3, from 10 a.m. to noon at Belmar Library (555 S Allison Parkway). If you can't make it in person, we'll also be hosting a virtual open house on Thursday, June 1, from 2- 3 p.m. via Zoom.

On Sept. 20, 2022, representatives from MFSD presented a check for $1.1 million to the Jefferson County Board of Commissioners. The funds stem from the June 2022 sale of the Denver Broncos franchise and Jefferson County’s membership in the MFSD, a tax district comprised of several jurisdictions throughout the Denver metro area that funded the construction of the Broncos’ new stadium in 2001.

MFSD members were entitled to one-time payments with the sale of the Denver Broncos franchise. The MFSD Act and stadium lease agreement stipulate that the payment is used for “youth activity programs.” In June 2022, the Broncos were sold for $4.6 billion. The MFSD Board determined the sharing amount of the sale was $41 million, to be distributed to members of the district proportionate to the amount of sales tax paid.

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