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: | 2022 |
Program name: | Super Tax Increment Financing (TIF) |
Program purpose: | General Economic Development |
Statutory authority: | Sections 99.800 - 99.865 Revised Statutes of Missouri |
Abating jurisdiction(s): | Kansas City, Missouri |
Applicable taxes: | Profits, Witholdings, Use, Utility, Conventions and Tourism Tax, Sales Tax |
Method of abatement: | Tax diversion |
Provisions for recapture: | by agreement |
Gross revenue loss: | $18,712,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $18,712,000 |
Type of loss: | Active |
Additional notes on dislosure: | Broken down by tax type in ACFR |
Document source: | https://drive.google.com/file/d/1lvVqxgAuz_wIbmi3F8FKWCgla-o5RHan/view |