Kansas City Public Schools Hate 50% Tax Break Plan For Cordish Luxury Living Space!!!
Today's lesson in Kansas City economic development . . . City Hall is willing to provide Cordish with more tax breaks breaks while the KCPS worries about its revenue stream.
KC Biz Journal: Cordish apartment tower deal rankles school district
"KCPS officials argued for the 50 percent payment to be split among the city, school and library districts, and other taxing jurisdictions losing revenue as a result of the tax-increment financing district created to help finance the Power & Light District."
Remember class . . . There is no biz in Kansas City without tax subsidy and fighting other failing local institution for free money.