Incentive renewal means Spirit won’t pay Wichita property taxes for at least 20 years

Spirit AeroSystems, Wichita’s largest employer, won’t pay city property taxes for another 20 years after the Wichita City Council renewed an incentive agreement. The council voted Tuesday to renew a non-annexation agreement reaffirming that Spirit’s campus on Oliver is not technically within city limits. The City Council renewed a similar 20-year agreement with Textron Aviation in December 2019. After re-upping the incentive agreement, the council unanimously voted to grant Spirit a one-year extension on job growth promises the company could not deliver on, largely because of the joint crises of the pandemic and the worldwide grounding of the Boeing 737 MAX.
Source: Wichita Eagle