Tag: Intrust Bank arena
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For Wichita, more districts, more taxes, more bureaucracy
The Wichita City Council will consider formation of a committee to consider a new district, new taxes, and new bureaucracy in the form of a Tourism Business Improvement District
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Downtown Wichita: What happened?
An update on a few public policy issues related to downtown Wichita.
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Intrust Bank Arena depreciation expense is important, even today
The profit most often reported for the Intrust Bank Arena in Wichita is not an accurate and complete accounting, and hides the true economics of the arena.
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For Wichita’s Block 1 garage, public allocation is now zero parking spaces
A downtown Wichita parking garage paid for by taxpayers now offers zero parking spaces to the public. That’s one way to interpret information contained in a budget request for the garage located at 123 South Topeka.
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Wichita City Council can’t judge airport contract
Wichita’s mayor and nearly all city council members face conflicts of interest affecting a decision on a construction contract for a new airport terminal.
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Intrust Bank Arena finances: The worst news is hidden
The true state of the finances of the Intrust Bank Arena in downtown Wichita are not often a subject of public discussion. Arena boosters promote a revenue-sharing arrangement between the county and the arena operator, referring to this as profit or loss. But this arrangement is not an accurate and complete accounting, and hides the…
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Wichita economic development isn’t working
Economic development in Wichita isn’t working very well. The Greater Wichita Economic Development Coalition along with long-serving politicians and bureaucrats need to be held accountable, and our strategy must change.
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Wichita Intrust Bank Arena profit, in perspective
When evaluating information released by Sedgwick County regarding the financial performance of Intrust Bank Arena, citizens need to look beyond the presentations made to commission members. Important facts are available, but not presented to commissioners and the public.
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Intrust Bank Arena depreciation expense ignored
Reports that income earned by the Intrust Bank Arena is down sharply has brought the arena’s finances back into the news. The arena, located in downtown Wichita and owned by Sedgwick County, is deemed to be a success by the county and arena boosters based on “profit” figures generated during its first year of operations.…
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Kansas and Wichita quick takes: Friday July 1, 2011
Today: This Week in Kansas; Kansas taxes; Wichita sales tax; Koch criticism backfires — again; Tension on debt ceiling issue; Stossel: The Money Hole.
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Stossel on politicians’ promises
A television show by John Stossel shows how government programs often don’t work as promised and cause unintended and harmful consequences.