I can find no verification of this rumor that was recently brought to my attention:
Just talked to a relative that is on a local developement [sic] company that helped push for the museum. He told me that there will be something coming through the pipeline that will change the wording on the tax bill they passed to pay for this museum. He said it will include a scheduled increase in the tax rate for the museum in years 1-8 of operations. They are now projecting a loss when they open up. Really. He also said that the wording will be changed allowing the tax rate to go up in the future without a vote. The problem with this is that it will only have to be approved through the city counsil [sic] and not by vote. So the vote probably will happen without hearing a word about it.
Whether or not this specific allegation is true, there’s no doubt that the museum will be sucking more money from the taxpayers one way or another. You can count on it. As Thomas Andrews said to White Star Line managing director Ismay about whether the Titanic would sink, “It is a mathematical certainty.”