Sunday, April 07, 2019
CELEBRATE STATUS QUO: KANSAS CITY TAX INCENTIVES STAY WINNING!!!
A glimpse at City Hall legislation that proves voter sentiment doesn't really count . . . Especially after a low turnout election.
The legislation in question:
Here's the damage:
Ordinance to maintain development tax incentives
"The proposed ordinance — which will be discussed this week by the City Council and, if approved, would be on the June ballot — would maintain the status quo of available incentive packages and prevent lowering a cap on TIF allowances from 75% to 50%, which the Coalition for Kansas City Economic Development Reform has proposed."
As usual, there are more than a few activists making a lot of noise about this one and we'll see how much interest they'll be able to stirrup beyond a Sunday night report.
Developing . . .