Thursday, June 04, 2020
TKC EXCLUSIVE!!! KANSAS CITY #BLACKLIVESMATTTER PROTEST AND RIOTING WILL COST TAXPAYERS MORE THAN ONE MILLION BUCKS OUT OF ALREADY BUSTED BUDGET!!!
Kansas City confronts a budget crisis given that coronavirus has severely limited revenues at 12th & Oak. Already talk of pay cuts, layoffs and austerity measures are underway.
One of our most KICK-ASS TKC READERS offered an economic word of warning at the outset of recent social justice unrest.
"Hundreds of officers on overtime during a financial downturn for the city will likely run up a tremendous bill. This is why responsible city leaders build up revenue cushions during the good times instead of adding projects by the billions. Financial downturns are inevitable."
Accordingly, the COVID-19 recession has turned into an economic disaster in the making.
Special thanks to insiders and readers for pointing us in the direction of this info that has been downplayed by MSM . . .
"The police’s response during the weekend has taken a financial toll. KCPD Cheif Smith said 13 police cars suffered $85,000 in damage; medical treatment for injured officers tallied $100,000; increased staffing and overtime cost an additional $600,000."
This estimate was a few days ago, since that time the protests have continued and might persist over another weekend.
To wit, we garnered a ballpark estimate regarding cowtown financial damage from people who know . . .
INSIDERS NOW ESTIMATE KANSAS CITY PROTESTS THREATEN TO COST TAXPAYERS WELL OVER A MILLION BUCKS!!!
More than two mil isn't out of the question.
And that's not even counting all of the biz that the Plaza has lost amid a week-long shut down.
What's worse is that this EPIC price-tag comes at time when KCMO is begging for cash and suffering continued biz hardship whilst coronavirus restrictions and fear continue to diminish local revenues.
Accordingly, when we think about the "big picture" of social justice in Kansas City . . . We question if violent protesters realize their actions will directly contribute to local layoffs in the urban core and fewer services for KCMO neighborhoods.
Developing . . .