Economic development

Carl Brewer: State of the City for Wichita, 2012

February 1, 2012

Wichita Mayor Carl Brewer delivers his State of the City Address for 2012.

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Discussion on Ambassador Hotel tax issue to be this Friday

February 1, 2012

The Wichita Pachyderm Club, as part of its regular Friday luncheon series of educational meetings, will conduct a public forum on the February 28th Wichita city election. The subject of the election is a Wichita city charter ordinance that rebates 75 percent of the Ambassador Hotel’s guest tax collection back to the hotel.

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Kansas and Wichita quick takes: Monday January 30, 2012

January 30, 2012

Today: Kansas school forum; Ambassador Hotel to be subject of discussion; Capital gains tax rate; Kan-ed audit; Huelskamp and Sharpton; Education reform blog started; Super PACs.

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Fact checking the Wichita Ambassador Hotel campaign

January 28, 2012

Claims made by a group supporting taxpayer subsidy for the Ambassador Hotel in Wichita are put to the test.

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Kansas Bioscience Authority

January 27, 2012

The release of a forensics audit of the Kansas Bioscience Authority coupled with two days of joint committee hearings revealed an independent government agency out of control, an audit that draws conclusions described as sanitized of important details, and an agency and legislative supporters who believe that now, all is well at the KBA.

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Kansas committee asks if KBA audit did enough to expose problems

January 27, 2012

Members of a Kansas joint committee expressed concern that a forensic audit of the Kansas Bioscience Authority was not broad enough and that deliberate deletion of data from a KBA computer left questions unanswered.

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End the Economic Development Administration — Now

January 24, 2012

When proposing to eliminate even wasteful government agencies, the bureaucracy will strike back, writes U.S. Representative Mike Pompeo.

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Buffalo: A Template for Wichita?

January 16, 2012

Does the decline of Buffalo hold lessons for other cities?

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Kansas and Wichita quick takes: Monday January 16, 2012

January 16, 2012

Today: Tax cuts = extra income?; Revenue-neutral tax reform; Peterjohn to speak; Southwest to fly to Wichita; Kansas economic development incentives; Story is broken.

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Bombardier good news, but tempered

January 11, 2012

Yesterday’s announcement by aviation manufacturer Bombardier LearJet of an expansion creating 450 jobs is welcome news in Wichita, but the reality under the covers of the deal is more than a little sobering.

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Boeing departure presents challenge for Wichita and Kansas

January 6, 2012

The announcement of the departure from Wichita of Boeing presents challenges for the Wichita area and the state of Kansas. The response of government officials over the next few years will need to depart from past and present practice if Wichita wants to build a dynamic and sustainable economy. With a few exceptions, our current elected officials will likely proceed with targeted economic development, and Wichita and Kansas will miss an opportunity to implement meaningful and lasting change.

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In Wichita, Southfork TIF is politics, and therefore should be rejected

January 2, 2012

There are many reasons why the Sedgwick County Commission should reject the establishment of a tax increment financing, or TIF, district, in Wichita.

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Tax increment financing (TIF) and economic growth

January 2, 2012

There is clear and consistent evidence that municipalities that adopt tax increment financing, or TIF, grow more slowly after adoption than those that do not.

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Does tax increment financing (TIF) deliver on its promise of jobs?

January 2, 2012

When looking at the entire picture, the effect on employment of tax increment financing, or TIF districts, used for retail development is negative.

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Kansas and Wichita quick takes: Friday December 30, 2011

December 30, 2011

Today: Year in review, Wichita Liberty-style; Patriots New Years Eve; Legislators to hear from citizens; California’s redevelopment nightmare to end; Growth will heal nation’s economy; Assumptions about capitalism; Resources on Austrian economics; Cato University.

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Wichita falls in economic performance ranking

December 28, 2011

The City of Wichita has fallen in a ranking of the performance of its economy, according to the Milkin Institute.

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Kansas and Wichita quick takes: Wednesday December 14, 2011

December 14, 2011

Today: Property rights in Wichita; Importance of open records; Wichita city news; Cronyism in America.

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Kansas and Wichita quick takes: Monday December 12, 2011

December 12, 2011

Today: Kansas budget; Trade protectionism makes us poorer; A new day in politics?; Harm of expanding government explained; Youthful senator to speak; Markets: exploitation or empowerment?

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Wichita’s political class

December 9, 2011

Discussion at a Wichita City Council meeting provided an opportunity for citizens to discover the difference in the thinking of the political class and those who value limited government and capitalism.

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Kansas and Wichita quick takes: Wednesday December 7, 2011

December 7, 2011

Today: Wichita petitions; Petitions being contested; Smart Taxpayers Exposing Waste; Planning grant to be topic of meeting; Kansas history writer to speak; Wichita City Council.

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Wichita petition drive nears end

December 1, 2011

Wichita city leaders ought to take notice that citizens are so opposed to their actions that they will venture out in winter to gather signatures in opposition.

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Crony capitalism and social engineering: The case against tax-increment financing

November 29, 2011

Far from being a boost to communities, tax increment financing (TIF) is harmful.

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Kansas PEAK program: corporate welfare wrapped in obfuscation

November 28, 2011

Many economic development programs, such as the Kansas Promoting Employment Across Kansas (PEAK) program, are surrounded by confusion that hides the economic reality of the transactions.

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Era of energy subsidies is over

November 28, 2011

Government spending on energy programs is harmful and leads to suboptimal decisions made for political reasons, rather than letting markets and American ingenuity work write U.S. Representatives Mike Pompeo and Raul Labrador.

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Kansas and Wichita quick takes: Monday November 28, 2011

November 28, 2011

Today: FHA risk; Boeing in Wichita; Wichita City Council; Harm of public-sector unions; Rep. Hedke, author of new book, to speak; Myth of spending cuts.

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Kansas and Wichita quick takes: Wednesday November 23, 2011

November 23, 2011

Today: Standing up for fundamental liberties; Private property saved the Pilgrims; Did Grover Norquist derail the Supercommittee; Drive-through petition signing; Job creation; Experts.

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Bombardier Learjet should pay just a little

November 23, 2011

In a presentation made to economic development officials, aviation manufacturer Bombardier LearJet speaks with pride of its investment in Kansas. But for the present project before the Sedgwick County Commission today, it appears that the company is planning to make no investment at all.

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Kansas and Wichita quick takes: Tuesday November 22, 2011

November 22, 2011

Today: Ghana junket; Kansas job recovery seen as slow; Village West defaults; Pachyderm speakers.

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TIF and other subsidies harm Wichita

November 22, 2011

Everyone who cares about Wichita — the entire city, not just special interests — ought to be opposed to the continued use of tax increment financing (TIF) districts and other forms of subsidy that direct benefits to a small group at the expense of everyone else.

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Wichita property taxes are high, leading to other problems

November 21, 2011

High business property taxes in Wichita cause officials to take an “active investor” role in economic development, despite evidence that this approach does not work.

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Tax increment financing: The right tool for Wichita jobs?

November 13, 2011

Tax Increment Financing (TIF) is an economic development tool that uses the expected growth (or increment) in property tax revenues from a designated geographic area of a municipality to finance bonds used to pay for goods and services calculated to spur growth in the TIF district. The analysis performed for this study found TIF does not tend to produce a net increase in economic activity; favors large businesses over small businesses; often excludes local businesses and residents from the planning process; and operates in a manner that contradicts conventional notions of justice and fairness.

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Giving away the store to get a store

November 8, 2011

Wichita will again chase the dream of “something for nothing” when it considers establishing a tax increment financing, or TIF, district at its December 6th meeting. The following article explains why this is a bad idea.

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Johnson Controls loan not needed

November 1, 2011

The Sedgwick County Commission will consider making a forgivable loan that is not needed.

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‘Sustainable planning’ not so sustainable

October 31, 2011

The vast majority of Americans, surveys say, aspire to live in a single-family home with a yard. The vast majority of American trave — around 85 percent — is by automobile. Yet the Obama administration thinks more Americans should live in apartments and travel on foot, bicycle, or mass transit.

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The government-as-business myth

October 19, 2011

Government officials, including those in Wichita, may believe they are operating government like a business. But that can’t happen.

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At Wichita City Council, a big company asks for a forgivable loan

October 18, 2011

Johnson Controls, a very large company, asks the Wichita City Council for a small forgivable loan.

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Kansas and Wichita quick takes: Monday October 17, 2011

October 17, 2011

Today: Government job creation; Wichita City Council; Kansas tax plans; Repealer on tour; Sowell: And then what will happen?; Zuckerman on Obama; The fall of California; Public Sector Inc.; Markets and trade help all.

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Wichita economic development: And then what will happen?

October 14, 2011

Critics of the economic development policies in use by the City of Wichita are often portrayed as not being able to see and appreciate the good things these policies are producing, even though they are unfolding right before our very eyes. The difference is that some look beyond the immediate — what is seen — and ask “And then what will happen?” — looking for the unseen.

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Kansas and Wichita quick takes: Friday October 14, 2011

October 14, 2011

Today: Kansas school reform; Occupy Wall Street vs. Jobs; OWS and Tea Party united?

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Courtyard Hotel up again for tax breaks

October 10, 2011

The request for tax breaks by an Old Town Wichita hotel raises several questions of public policy, and illustrates the need for pay-to-play laws in Wichita.

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Kansas and Wichita quick takes: Wednesday October 5, 2011

October 5, 2011

Today: Green energy in Kansas; Economic development in Wichita; The first rough draft of the Solyndra story; Democrats Anonymous.

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