Mayor’s Office (KCMO.org) — This morning, Kansas City Mayor Mark Funkhouser spoke in front of the Kansas City TIF Commission and called for a financial audit of all active Tax Increment Financing plans. The TIF Commission approved the Mayor’s request on a voice vote.
“Kansas City has been very generous with economic incentives,” said Mayor Funkhouser. “It is important that we be as vigilant today as we were generous over the last few decades. With over 50 active TIF plans we should be very sure our taxpayer’s investment is being spent properly.”
Mayor Funkhouser also called for EDC-KC to seat the members of the TIF Administrative Commission. Five members representing other taxing jurisdictions affected by TIF plans were given a greater role by a City Council resolution in January 2010. The five members have been selected by the other taxing jurisdictions, but have not yet been seated by the EDC.
“These taxing jurisdictions deserve a voice. I have fought for that since I took office,” said Mayor Funkhouser. “In order for them to have an overall administrative voice on issues like this audit, they need to be seated immediately.”
The Mayor asked for an immediate RFP and a selection of an auditor by the TIF Commission’s Administrative Commission members.
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