Sales tax advocates say it’s time for all of KC to support inner-city redevelopment

A Kansas City group is appealing to voters to direct compassionate attention — and sales tax revenue — to the corridor along Prospect Avenue in the city’s urban core.

The “Central City Economic Development Sales Tax,” proposal, which will appear on the city’s April 4 ballot, would raise an estimated $8.6 million a year for 10 years. It will compete for attention along with three general obligation, or GO, bond questions for infrastructure, flood control and public building improvements.

Organizers of the initiative petition drive to put the question on Kansas City’s ballot say that a failure to correct Prospect’s ills has led to the pathologies of poverty, high crime rates, joblessness and feeble property values.

If approved by a majority vote, a one-eighth-cent sales tax would be imposed citywide, with the proceeds devoted to economic development along the Prospect corridor.

Kansas City Mayor Sly James and other city officials agree that Prospect needs millions of dollars in new investment, but say they generally disagree that the area has been ignored by City Hall.

Read more: Kansas City Star

Tags:, , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students