Tag: TIF
Wichita: We have incentives. Lots of incentives.
Wichita government leaders complain that Wichita can’t compete in economic development with other cities and states because the budget for incentives is too small. But when making this argument, these officials don’t include all incentives that are available.
Contrary to officials, Wichita has many incentive programs
Wichita government leaders complain that Wichita can’t compete in economic development with other cities and states because the budget for incentives is too small. But when making this argument, these officials don’t include all incentives that are available.
Wichita’s legislative agenda favors government, not citizens
Wichita’s legislative agenda contains many items contrary to economic freedom, capitalism, limited government, and individual liberty. Yet, Wichitans pay taxes to have this agenda promoted.
Exchange Place still not good for Wichita, others
Despite having shed the problems with the former owners, the Exchange Place project has become an even worse deal for the taxpayers, job seekers, and investors of Wichita, Kansas, and the nation.
Wichita’s evaluation of development team should be reconsidered
The evaluation matrix released for a project to be considered next week by the Wichita City Council ought to be recalculated.
Job creation and the snake oil of tax incentives
Job creation and the snake oil of tax incentives
Paying taxes, but not quite
A complicated economic development mechanism used in Wichita hides the true business welfare transaction.
Derby forms a TIF district
The city of Derby, Kansas has formed a tax increment financing (TIF) district. TIF is a method of diverting the normal flow of property tax revenue so that it benefits private interests rather than the public treasury.
Ambassador Hotel Industrial Revenue Bonds
The City of Wichita should not approve a measure that is not needed, that does not conform to the city’s policy (based on relevant information not disclosed to citizens), and which is steeped in cronyism.
