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Royals Stadium Funded by City Taxes | Topeka News
The Kansas City Royals’ new downtown stadium is getting a major financial boost through a bold TIF plan that redirects tax growth—not new taxes—to pay off construction debt. Covering 147 acres, the proposal funnels sales and earnings tax increases toward the project, starting with 50% of redirected funds for 23 years, then 100% for seven. The city has already pledged $90M in infrastructure and $510M in bonds, with TIF aiming to cover $382M of that debt. A potential 1% stadium-specific sales tax is also on the table. While final approval is pending—scheduled hearings may shift to September—the…
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