Thursday, January 25, 2018

Kansas City Debt: $1.5 BILLION

A reminder that local spending for expensive toys hasn't really had the payoff promised by 12th & Oak - In fact, like many have warned, rampant City Hall spending is pushing this town closer to bankruptcy:

Kansas City's credit card carries a balance of $1.5 billion in debt

Rapidly escalating pension costs and long-term borrowing to fund downtown's renaissance have pushed the city's debt to $1.5 billion.

8 Comments:

Anonymous said...

I'm sure giving away the farm on tax breaks has very little impact on the balance.

Anonymous said...

Unfuckingbelivabile

Retro ROCKER said...

And they will go bankrupt,THE crime continues people will go to the burbs for dining and entertainment loss of sales tax money and no one to give parking tickets too.

Anonymous said...

sLIE won’t be around for the bankruptcy but we won’t forget who caused this disaster

Anonymous said...

And downtown we be empty just like it used to be

Anonymous said...

If only I could give them $3100 and then tell them to Fuck Off, never contact me again. That would be perfect.

Anonymous said...

this does not include the 800 million in bonds the taxpayers recently approved or the billion $ airport terminal

Anonymous said...

Holy $hit! $1.5 with a B? How does that compare to other cities?