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TIF

Coverage of TIF in the Nexus archive.

Earliest in view: Aug 25 · 10:50 UTCMost recent: Aug 25 · 10:50 UTC
Co-mentioned in this coverage
Royalsorganization1Missouri Workers Powerorganization1Kansas City Councilorganization1Crown Centerplace1Mayor Quinton Lucasperson1City Manager Mario Vasquezperson1Johnathan Duncanperson1
Recent coverage
  • POLITICSAug 25 · 10:50 UTCMISSOURI INDEPENDENT
    Kansas City conjured a Royals deal without voter approval. That comes at a price

    The Kansas City Council voted to provide a $600 million subsidy for a new Royals ballpark at Crown Center, totaling $1.9 billion. Critics point out that while the deal is structured as a tax-increment financing (TIF) plan, which supposedly pays for itself, the city guarantees repayment of the debt. If the development does not generate enough tax revenue, payments could detrimentally affect city services for up to three decades.

TIF · Dossier · The Nexus