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, there are many great opportunities for funding youth activities. Jefferson County wants your input on how to allocate these funds.
Open House Information:
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.