More background and insight into neighborhood concern against one of many efforts to improve this working-class enclave and push back to keep prices affordable. Check one more report on the constant struggle betwixt biz vs. residents:
Waldo shopping center asking taxpayers to fund rehabilitation effort
KANSAS CITY, Mo -- A proposed tax hike to improve a privately owned shopping center in the Waldo neighborhood has some residents concerned about how that money will be spent. The 1% tax hike discussed in Wednesday's Neighborhood Planning and Development Committee would be the result of one city block in Waldo being designated a Community Improvement District.
Wow. When I bought my house 20 years ago it was in a state of disrepair. Silly me! I did the repairs myself. If I'd only known I could have gotten the city to help out.
ReplyDeleteThe question here is did the new owners buy a bargain because of its condition and are now trying to get others to pay for the repairs?
It's the Kansas City way!
The Kansas City Communist Party, line up at the window. Vote Democrat for more free stuff.
ReplyDeletePay for your own repairs. He knew a year ago when he bought it that it needed repairs. You couldn't miss those exposed wires. Taxpayers really aren't very open to new taxes right now. I guess the word is out among developers that the way to improve your property is to get is declared "blighted". What an ass.
ReplyDeleteWow can I declare my house blighted then get taxpayers to pay for upgrades and repairs?
ReplyDelete^^^^
ReplyDeleteYes!
Just be sure to make your checks out to the right political campaigns at the appropriate time and you too can become a subsidized "developer"!
But keep in mind that after you make improvements on your property the county's assessment of it is likely to go way way up, so your taxes will substantially increase.
It's the perpetual machine that passes for local government in KCMO.
Good luck.
Corporate Welfare. The Squad IS on a roll in K.C.
ReplyDeleteI own a 100 year old building in the River Market that needs a new roof. Can I get one of these CID taxes for my property and have my customers pay for the new roof?
ReplyDeleteIf this passes, people need to boycott all of the businesses in this shopping center to show their displeasure. Regular customers of the businesses here should be letting the businesses know thy will take their dollars elsewhere if the landlord gets away with his.
Why do Jackson County residents have such a problem with paying their fair share?
ReplyDeleteWhy do Jackson County residents have such a problem with paying their fair share?
ReplyDeleteBecause unlike you they are tired of seeing their money being flushed down the toilet and mismanaged and wasted by inept corrupt politicos.
10:30: Define "fair share."
ReplyDelete10:41 thank you for asking
ReplyDeleteThe landlord could raise rents on all tenant's with the intent of using the increase to fund repairs - this would have to be done over time as leases expired. With the CID, the retailers collect the tax immediately and it is the patrons who fund the repairs. This benefits the tenants in that their rents aren't increased, but the cost of their goods/services are increased due to the added sales tax. However, the list prices of the goods/services remain unchanged. Tenants would prefer the CID over a direct rent increase because the costs are hidden, and if discovered, they are the fault of government taxation.
ReplyDeleteThat's why shopping centers and hotels are seeking to implement CID's.
10:41 isn't that always the rub.
ReplyDeleteAh the Romanelli Shops 2019 assessment (tax bill) explains some things
ReplyDeleteTotal Market Value: $1,430,600 (2018 $818,500)
And their land value on the other parcel is
Commercial: $547,200 (2018 $273,600)
At the risk o interjecting facts: A CID like this ONLY uses tax revenue ONLY generated from the businesses in that block. Not one homeowner penny is involved.
ReplyDelete"Not one homeowner penny is involved."
ReplyDeleteLOL we've heard that before haven't we.