What are STAR Bonds? How the Chiefs stadium in Kansas will be funded

Kansas lawmakers and the Kansas City Chiefs announced an agreement Monday to move the football team’s facilities to the Sunflower State using a controversial funding mechanism called STAR bonds. The Kansas City, Kansas, stadium; Olathe headquarters and practice facility; and other development are expected to cost at least $4 billion. Wyandotte and Johnson county taxpayers, as well as visitors to the facilities, can expect their sales tax dollars to go toward these projects for decades to come.
Read more: Wichita Eagle