Credit to this conservative blog for crunching any numbers that were available to the public . . . What they've discovered is that there's not a lot readily available deets on this controversial development deal.
Here's the money line . . .
"City documents claim they expect to realize some $6.7 million in revenue over the 20-year life of the district — considerably more than the $2 million they estimate as the cost of the new park.
"However, it is difficult to determine if any of the projections are accurate because the city has declined to provide — or does not have — standard financial forecast data to support its contention."
Read more via www.TonysKansasCity.com link . . .
Westwood officials have no cash flow analysis of Karbank incentive project - The Sentinel
Westwood officials' response to an Open Records request indicates they didn't perform a basic, multi-year financial forecast.
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