Monday, November 25, 2019

Kansas City, MO, $10 million a year for just downtown parking!

The other step is improving how we spend money to stimulate economic development. After the recession, national firms came to us and said we’ll invest in downtown, but in exchange we need real guarantees and asked us to subsidize parking-garage costs. [In the last 10 years] taxpayers spent about $100 million subsidizing parking garages for these companies. 

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