REQ Q&A: Kansas Commerce official talks STAR bonds’ effectiveness, how they work
In the next two years, Kansas lawmakers will decide whether to renew the sales tax revenue (STAR) bond program or allow it to sunset in July 2026. Legislators’ approval of tweaks designed specifically to lure the Kansas City Chiefs and/or Kansas City Royals from Missouri has driven much recent attention to the program. But since 1999, STAR bonds have played a big, and sometimes polarizing, part in numerous area projects — from Village West, which paid off bonds years early and now yields more than $40 million in annual state sales taxes, to Prairiefire, where inaccurate revenue estimates led to the [...]