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.

Comments

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

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  2. Unfuckingbelivabile

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  3. 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.

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

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  5. And downtown we be empty just like it used to be

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

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

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

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