For those who don't know the newspaper game . . . Here's a simple fact about the dying industry:
If there's any money to be made printing news, Sunday is the only day it happens.
Accordingly, here's a dead-tree report we skipped over today because it didn't provide much value to readers:
Great but it's nothing really "new" and didn't push the discourse forward.
However . . .
Later in the day we noticed this . . .
KANSAS CITY'S TOP TAX FIGHTER TORE APART NEWSPAPER COVERAGE FOR TRAGIC FINANCIAL OMISSIONS!!!
Here's a quick recap and a social media quote that readers might not have seen . . .
"Today's Star rounds up five big KC projects: the Royals ballpark, Children's Mercy, the Symphony venue, the Nelson-Atkins expansion and UMKC's arts center. Not one mention of public financing. That's a significant omission.
"The Royals/Crown Center project: $600M in city TIF and bonds, plus state money. The Symphony's CEO says its new venue will use "limited public funding." Children's Mercy says its $1B tower will be funded through "private-public investments."
"The Nelson-Atkins' last expansion used state-issued tax-exempt bonds, $105M still outstanding. And UMKC is a public university whose Conservatory last sought $48M in state bonds plus $7M from KC before a 2017 veto."
Read more via www.TonysKansasCity.com link . . .
KC Policy Expert Patrick Tuohey on X: "Readers deserve to know who's paying."
Developing . . .
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