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July 9, 2014 by dansight

Kansas City’s community improvement districts quietly pull in millions in taxes

kaufmanGo into a shopping center or downtown restaurant, even a casino or concert hall, and you may be in a community improvement district. And unless you check your receipt, you may never know it. CIDs allow additional sales taxes, property tax assessments or both to pay for improvements or services that have some public good. Use of the tool has mushroomed in the Kansas City area. Kansas City alone has 27 CIDs that, collectively, are expected to raise about $10 million in the fiscal year ending April 30.

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DAN SIGHT, CCIM, SIOR

President
Sight Commercial Realty, LLC
D: 913.219.7430
F: 913.553.5286
Dan@SightRealty.com

DAN SIGHT, CCIM, SIOR

President
Sight Commercial Realty, LLC
D: 913.219.7430
F: 913.553.5286
Dan@SightRealty.com

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