Tag: TIF districts
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In Wichita, new stadium to be considered
The City of Wichita plans subsidized development of a sports facility as an economic driver.
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Wichita WaterWalk agreement not followed
Does the City of Wichita enforce its public-private partnership agreements? In some cases the city doesn’t even ask for the information that is needed for enforcement.
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Downtown Wichita’s Block One, a beneficiary of tax increment financing
Before forming new tax increment financing districts, Wichita taxpayers ought to ask for progress on current districts.
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Tax increment financing in Kansas
In this excerpt from WichitaLiberty.TV: How does Tax Increment Financing (TIF) work in Kansas? Is is a good thing, or not?
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WichitaLiberty.TV: Arts funding, property taxes, uninformed officials, tax increment financing, and social security
Is Wichita risking a Soviet-style future? A look at Wichita property taxes, uninformed and misinformed elected officials, tax increment financing, and social security.
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WichitaLiberty.TV: A downtown Wichita deal shows some of the problems with the Wichita economy
In this episode of WichitaLiberty.TV: We’ll examine the city council’s action regarding a downtown Wichita development project and how it is harmful to Wichita taxpayers and the economy.
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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 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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Tax increment financing (TIF) resources
Resources on tax increment financing (TIF) districts.
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Wichita TIF projects: some background
Tax increment financing disrupts the usual flow of tax dollars, routing funds away from cash-strapped cities, counties, and schools back to the TIF-financed development. TIF creates distortions in the way cities develop, and researchers find that the use of TIF means lower economic growth.
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Economic development in Wichita: Looking beyond the immediate
Decisions on economic development initiatives in Wichita are made based on “stage one” thinking, failing to look beyond what is immediate and obvious.
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Wichita economic development items
The Wichita city council has been busy with economic development items, and more are upcoming.