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Scripps Local

How Kansas plans to pay for new Chiefs stadium, headquarters

Scripps Local · Recent
Scripps Local
Scripps Local
Recent

Explaining how the Kansas STAR bond program works and how the state plans to use it to pay for a new Chiefs stadium in the state.

Breakdown
  • Kansas will fund a new Chiefs stadium using sales tax revenue via STAR bonds
  • Sales tax rate will not increase for shoppers under the proposal 1m 12s
  • Paying off the stadium could take up to 30 years 57s
  • Local governments must decide if they will allocate extra sales tax revenue 53s
  • Stadium location and revenue sources are still undecided 1m 21s