Kansas City leaders tell us that the bonds issued by the Kansas City Industrial Development Authority to fund the construction of a billion dollar new terminal at Kansas City International Airport pose no risk to taxpayers.
It was with great anticipation that I received the long-overdue study of economic incentives in Kansas City conducted by the Council of Economic Finance Agencies (CDFA).
When researchers at the Show-Me Institute argue that high tax burdens encourage people to leave Kansas City and St. Louis, city leaders often react with derision.
Dwight Scharnhorst was elected to the Missouri House of Representatives in 2006. Shortly thereafter his grandson, Bryce, was diagnosed with autism. On April 22, 2007 Bryce suffered a seizure that took his life. To Representative Scharnhorst, those events were not unrelated.
For years, Kansas City Mayor Sly James asserted that revenue generated at the airport cannot be redirected to the city. This is incorrect.
It has been said that “teachers live forever in the hearts they touch.” And a new report from the Society of Actuaries (SOA) suggests that some teachers live nearly forever, period.
Last year, the City of St. Louis applied to the Federal Aviation Administration (FAA) to relinquish St. Louis Lambert Airport to a public–private partnership. The request for proposal sought to: