How Ark Park is taking everyone for a ride

By Matt Young

Excellent article, What Ken Ham Isn’t Telling You About Ark Encounter Funding, by Tracey Moody, regarding the financing of the Ark Park. Much is already known to PT readers, but the iceberg is bigger than we thought. Besides for-profits masquerading as nonprofits, it appears that the Ark Park is eligible for tax-increment financing, whereby the Ark Park (or some incarnation thereof) receives a loan that is paid back (if at all) by property taxes. The property taxes go to paying off the loan, rather than to the community, until the borrower goes bankrupt.

Read Ms. Moody’s article!