And yet . . . Many elected leaders keep voting for them again and again.
To be fair . . .
KCPS has recently garnered an EPIC amount of subsidy and their complaints for more cash also seem desperate and greedy.
Context . . .
Before the days of exorbitant White House freebies that sparked historic inflation . . . Tax fighters partnered with schools & libraries to gain the moral high ground in their crusade to keep the cost of living lower. However, that alliance seems rough now . . . Given that, again, schools have NEVER been as rich as they are now.
Accordingly . . .
Here's a quick peek at the subsidy and more worthwhile reporting on the topic . . .
Port KC has approved the Origin Hotel with an exemption of roughly 62% of its total property tax over 20 years. Kansas City Public Schools called it an “inappropriate ask.”
Read more via www.TonysKansasCity.com link . . .
Riverfront boutique hotel development raises questions about Kansas City tax incentives
With help from controversial tax exemptions, a new boutique hotel is coming to Kansas City's Berkley Riverfront. The Port Authority of Kansas City (Port KC) voted in late July to issue bonds for the Origin Hotel.
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