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Tax Break Tracker Individual Entry

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.

Effected JurisdictionCity of Kansas City
Jurisdiction type: Municipality
Fiscal year ending In2019
Program nameChapter 353
Program purpose: Redevelopment/revitalization
Statutory authority: Chapter 353 RSMo.
Abating jurisdiction(s): Kansas City, Missouri
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: Recapture of abated taxes may occur if the recipient does not fulfill their commitments under the redevelopment plan agreements. The development agreement may also require an annual PILOT during the first phase.
Gross revenue loss: $1,803,000
Reimbursement / offset: $136,000
Net revenue loss: $1,667,000
Type of loss: Active
Additional notes on dislosureProvided breakdown by type of taxes
Document sourcehttps://drive.google.com/drive/folders/1AMRH4z6Mbjr6LRmEcOFiYUfkaZ-An4CT