January 20, 2010
A city in Colorado has voted to repeal a TIF district. Wichitans ought to take notice. Randal O’Toole, the author of the post, notes the complexity of the TIF mechanism. This is in line with testimony I’ve delivered to the Wichita City Council, in which I characterized TIF districts as “a confusing arrangement that hides the reality and size of the subsidy given to TIF developers.” The benefit, I said, is that “this confusion serves a useful purpose to this council, because if the people of Wichita knew what was really happening, they’d be outraged.”
O’Toole will be visiting Wichita on Thursday and Friday February 4 and 5 for a series of events, including a public lecture on Thursday evening. Details will follow.
Tagged as:
Tax increment financing,
Taxation,
TIF districts,
Wichita city government
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November 11, 2009
Last Friday immediate past Wichita mayor Carlos Mayans addressed members and guests of the Wichita Pachyderm Club.
Speaking of his experience as a member of the Kansas House of Representatives, Mayans said that Kansas state spending must be brought under control. Having served under governors from both parties, he said that Republicans spend as much as Democrats. Some people change after they get elected, he said, acting differently in office from how they campaigned. It’s important to hold these people accountable.
Tagged as:
Downtown Wichita revitalization,
Kansas state government,
Tax increment financing,
Wichita city council,
Wichita city government
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