Kansas City Busted Broke-A$$ Budget ALMOST Explained

Remember we talked about this about a month ago . . . And now, credit to the only real conservative sharing content with The Star for this informative perspective . . .

Truth In Accounting analyzed Kansas City’s 2023 financial report and concluded the city needs $1.6 billion more than it has to meet all its obligations. Those obligations include its unfunded pension liabilities. That shortfall works out to $8,800 per resident, earning the city a grade of D and placing 57th of the 75 cities examined.

This will come as no surprise to Kansas City leaders. In their June 2023 budget letter, Mayor Quinton Lucas and then-City Manager Brian Platt wrote, “The demands of a City this size in square miles and infrastructure age far exceed affordable options for residents and available resources.” In other words, Kansas City has financial commitments beyond its ability to pay.

Read more via www.TonysKansasCity.com link . . .

Kansas City earns a D on its financial grade card. Taxpayers are on the hook | Opinion

A report reveals financial woes for Missouri cities: Kansas City needs $1.6B. St. Louis struggles too, while other same-size cities thrive with surpluses.