Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | Kansas |
| Effected Jurisdiction: | City of Wichita |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2022 |
| Program name: | Economic Development Exemptions (EDX) Program |
| Program purpose: | Manufacturing development |
| Statutory authority: | Kansas Constitution Article 11, Section 13 |
| Abating jurisdiction(s): | City of Wichita |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | Pursuant to the City’s economic development policy, clawback provisions relating to the repayment or cessation of incentives are to be included in all incentive agreements and can allow the City to recapture up to 100% of the abatement if all of the commitments are not fully met. |
| Gross revenue loss: | $5,000,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $5,000,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.wichita.gov/Finance/FinancialDocuments/2022%20Annual%20Compr... |
