Tag: Economic development
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Exchange Place incentives, including free sales tax and an ethics bypass
A downtown Wichita project receives free sales taxes and a bypass of Wichita’s code of conduct for city council members.
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Wichita officials complain of lack of cash for incentives
Wichita has stepped up with cash for incentives when needed, contrary to complaints of economic development officials.
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STAR bonds in Kansas
The Kansas STAR bonds program provides a mechanism for spending by autopilot, without specific appropriation by the legislature.
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Industrial revenue bonds in Kansas
Industrial Revenue Bonds are a mechanism that Kansas cities and counties use to allow companies to avoid paying property and sales taxes.
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Community improvement districts in Kansas
In Kansas Community Improvement Districts, merchants charge additional sales tax for the benefit of the property owners, instead of the general public.
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Making Wichita an inclusive and attractive community
There are things both easy and difficult Wichita could do to make the city inclusive and welcoming of all, especially the young and diverse.
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WichitaLiberty.TV: Wichita economic development, one more untold story
Readers of the Wichita Eagle might be excused for not understanding the economic realities of a proposed tax giveaway to a local development.
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In Kansas, PEAK has a leak
A Kansas economic development incentive program is pitched as being self-funded, but is probably a drain on the state treasure nonetheless.
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Wichita city hall falls short in taxpayer protection
An incentives agreement the Wichita city council passed on first reading is missing several items that city policy requires. How the council and city staff handle the second reading of this ordinance will let us know for whose interests city hall works: citizens, or cronies.
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Wichita drops taxpayer protection clause
To protect itself against self-defeating appeals of property valuation in tax increment financing districts, the City of Wichita once included a protective clause in developer agreements. But this consideration is not present in two proposed agreements.
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Government intervention may produce unwanted incentives
A Kansas economic development incentive program has the potential to alter hiring practices for reasons not related to applicants’ job qualifications.
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Tax increment financing (TIF) resources
Resources on tax increment financing (TIF) districts.