The sports authority would work similarly to the one in Jackson County. It will mean the stadium is publicly owned.
STAR bonds
Posted inLocal Government
Unified Government approves up to $450 million in local sales taxes for Chiefs stadium
The deal will divert future sales tax revenue to help support a $3.3 billion stadium and entertainment district.
Posted inState Government
‘The numbers are just not credible’: Kansas used flawed math to estimate economic impact of Chiefs relocation, experts say
The Beacon spoke with four economists who say the state relied on inflated numbers to make the stadium deal look better. State officials say football teams bring in real value as millions flock to the stadium projects.
Posted inKansas
Experts warn Kansas STAR bonds can’t pay off new stadium plans ‘to cover one of the facilities, let alone two’
Missouri is trying again to pass a stadium financing plan. Kansas already has one, but there’s no consensus on whether it’ll work.
Posted inState Government
Kansas might use STAR bonds to lure Chiefs and Royals. Here’s how they worked on other projects
Kansas lawmakers have returned to Topeka for a special tax-cutting session and are expected to vote on a STAR bond proposal to finance a new stadium.
Posted inLocal Government
Wichita economic development incentives topped $85 million since last September. Here’s how they work.
This summer, bulldozers, excavators and graders filled the sleepy residential North Riverside neighborhood. A once-vacant field at 11th and Amidon is becoming a new development of 40 single-family homes. Developer Jerry Jones said without the $1.7 million tax incentive Wichita offered him in February, the Riverside Housing Redevelopment District wouldn’t be single-family homes. “It definitely would’ve been a […]