Kansas City Today

← Kansas City TodayNieuw · 15 min

Kansas City used flawed math for its Royals stadium financing

Kansas City used flawed math for its Royals stadium financingNieuw15 min

The Kansas City Council passed a financing package that moved the Royals’ stadium development forward in a big way. The deal will tap 30 years of tax growth to repay the costs of construction, to the tune of $1.4 billion. Economists say it's deeply flawed.