At their best they can tip the scale in favor of types of development that serve some public interest. Tax incentives are not strictly good or bad. High on the latter list is Kansas City's prolific use of tax incentives for development. Some of those efforts have helped, but others have only sunk the city deeper into financial quicksand.
In recent years, Kansas City leaders have made concerted efforts to begin recovering the prosperity lost in that postwar era. Kansas City steadily lost residents and jobs to its suburbs, and this wave was worst in areas that had already been crippled economically by a pervasive and racially biased pattern of mortgage redlining. The building of inner-city freeways devastated neighborhoods and set off a wave of depopulation and vacancy. After World War II, through aggressive annexation of outlying areas, Kansas City simultaneously spread its tax base thin and ballooned its infrastructure liabilities (as exemplified by an explosion of roads and parking). It has since been corrected.In the first few decades of mass automobile ownership, Kansas City, Missouri embarked on a ruinous development experiment, much like cities all over North America. More information about the grants can be found on the FAA website.Įditor's note: A previous version of this article incorrectly stated the amount of funding KCI will receive. Trenton (Missouri) Municipal Airport: $22,000.Higginsville Municipal Airport: $22,000.Chillicothe Municipal Airport: $22,000.Lawrence Smith Memorial Airport (Harrisonville): $32,000.Johnson County Executive Airport (Olathe): $32,000.Lee’s Summit Municipal Airport: $59,000.KCI will receive nearly $43 million, while the Downtown Kansas City Airport will receive $148,000. airports recover from the impacts of the COVID-19 pandemic,” according to a news release. The Federal Aviation Administration announced Tuesday that $8 billion in grants will be distributed to assist with employment and construction projects while helping “U.S. Several Kansas City metro airports, including Kansas City International, will receive federal funding through the American Rescue Plan.
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