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 or Territory: | Missouri |
| Effected Jurisdiction: | City of Kansas City |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2019 |
| Program name: | Chapter 353 |
| Program purpose: | Redevelopment/revitalization |
| Statutory authority: | Chapter 353 RSMo. |
| Abating jurisdiction(s): | Kansas City, Missouri |
| Applicable taxes: | Property 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 dislosure: | Provided breakdown by type of taxes |
| Document source: | https://drive.google.com/drive/folders/1AMRH4z6Mbjr6LRmEcOFiYUfkaZ-An4CT |
