Search Results for: "real development"

Lavonta Williams campaign contributions raise a few questions

See end of article for disclosure. Analysis of the campaign finance report recently filed by Lavonta Williams, current Wichita city council member and candidate for re-election, revealed a few interesting insights about her campaign. First: The campaign contributions are concentrated from one industry. Of the $16,550 in cash contributions raised by the Williams campaign and disclosed in this report, $10,500 (63%) came from sources that are real estate developers, or from people closely connected to them such as their spouses. These developers are often asking city hall for subsidy or favor. I asked council member Williams a few questions by email, such as: Can you explain why this industry supports your candidacy so strongly? Do you think there is any linkage between your support for TIF districts and other subsidies…
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Williams — King — Minnesota Guys connection raises concern

There's a triangle of influence and connections that should raise flags of caution as voters decide the makeup of the Wichita city council. At the center is Beth King, a Wichita public relations executive. She's well known in city hall, having managed the mayoral campaign of Carl Brewer in 2007. She's said to be a close advisor to him. Her name is so familiar that when her emails are forwarded among department heads in city hall, she's referred to as simply "Beth." No last name is necessary. The connection that voters should be aware of is this: King is the campaign manager for Lavonta Williams, who is seeking election to the district 1 council seat she holds after being appointed to fill the remainder of Brewer's term after he was…
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North Dakota TIF video informative, reminiscent of Wichita

The North Dakota Policy Council has a video on YouTube that explains the mechanics of tax increment financing (TIF) districts and the public policy problems associated with TIF. The video is presented in three sections. The material in the first section is different from the way TIF districts work in Kansas, but the other two sections are very similar to the way the law works in Kansas. At the start of part 3 ("Problems with TIFs") the narrator states the problem succinctly: "Tax increment financing negatively affects everybody's property tax bill by taking the tax revenue from increased taxable valuations on the properties in the TIF areas and putting that into TIF accounts." She then presents an illustration showing how the property taxes for non-TIF properties have to rise to…
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More intervention for Wichita proposed

Tomorrow the Wichita City Council will consider accepting petitions for the formation of another Community Improvement District. In this case the applicant is the Broadview Hotel in downtown Wichita. This hotel is already the recipient of potentially $4.75 million in Kansas historic preservation tax credits. Despite the name of the program, the tax credits are in effect a grant of money to the developers. Now the hotel seeks permission to charge extra sales tax for its own benefit. The action the council may take tomorrow is on the consent agenda, as noticed by the Wichita Eagle's Brent Wistrom. The consent agenda is usually reserved for non-controversial items. It's likely that many more CIDs will be proposed, so many that accepting petitions requesting their formation is now considered a routine item…
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North Dakota TIF video reminiscent of Wichita

The North Dakota Policy Council has a video on YouTube that explains the mechanics of tax increment financing (TIF) districts and the public policy problems associated with TIF. The video is presented in three sections. The material in the first section is different from the way TIF districts work in Kansas, but the other two sections are very similar to the way the law works in Kansas. At the start of part 3 ("Problems with TIFs") the narrator states the problem succinctly: "Tax increment financing negatively affects everybody's property tax bill by taking the tax revenue from increased taxable valuations on the properties in the TIF areas and putting that into TIF accounts." She then presents an illustration showing how the property taxes for non-TIF properties have to rise to…
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