Tuesday, April 14, 2020

New KCI Earns EPIC Coronavirus Cash



Supporters claimed that the new airport "wouldn't cost residents a dime" but not the place is pretty much running off taxpayer backed federal stimulus like the rest of the nation right now.

Read more:

"Kansas City International Airport will receive more than $43 million in emergency federal aid to help maintain operations in the wake of the COVID-19 crisis. The grants are fully funded by the federal government, eliminating a local cost-share requirement, according to a Tuesday release . . ."

Developing . . .

5 comments:

Anonymous said...

$43 million to handle planes flying empty. Pandemic capitalist socialism is more irrational than Stalin's worst 5 year plan.

Anonymous said...

Weird all those thrifty white people that used to fly didn't demand KCI save for a rainy day instead of blowing so much federal free money on a shiny new terminal nobody needs.

Anonymous said...

In addition to austerity measures the aviation department has about $145 million in unrestricted cash, or about 580 days cash on hand. The aviation finances are well managed. and Kathryn Shields stated as such. KCMO finances as a whole, not so much so...

Anonymous said...

So KCI is hoarding cash while getting the free money handout.

Anonymous said...

"unrestricted cash" is an accounting term; look it up prior to commenting so you don't look so ignorant.