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