Tag: Tax increment financing
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Bowllagio property purchases seem overpriced
As part of a planned real estate development, taxpayers may be asked to pay property owners much more than the appraised values for the parcels.
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Economic development incentives questioned
When the New York Times is concerned about the cost of government spending programs, it’s a safe bet that things are really out of control. Its recent feature reports on economic development incentive programs that are costly and produce questionable benefits.
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Tax increment financing district (TIF) resources
Resources on tax increment financing districts, or TIF.
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Wichita should reject Bowllagio TIF district
Wichita should reject the formation of a harmful tax increment financing (TIF) district.
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Wichita waltzing waters dedication a chance to reflect
While the dedication ceremonies for Wichita’s Waltzing Waters fountain are promoted as celebrations, we might use this opportunity to review the history and impact of WaterWalk, which has absorbed many millions of taxpayer subsidy with few results.
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Wichita economic development initiatives to be announced
Tomorrow the Wichita Metro Chamber of Commerce will announce, according to the Wichita Eagle, new economic development initiatives. Past history suggests that the efforts will not be fruitful for the Wichita area. The inclinations of the parties involved in this effort are for more government intervention and less reliance on economic freedom and free markets.
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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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In Wichita, a gentle clawback
Wichita finds it difficult to enforce clawback provisions in its economic development agreements.
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Sedgwick County will hold Southfork TIF hearing
Sedgwick County will hear from the public on an issue, despite the desires of commissioners Tim Norton, Jim Skelton, and Dave Unruh to avoid public debate.