Overview
- The Chiefs’ relocation to Wyandotte County is set for 2031, with a stadium and entertainment district planned in Kansas City, Kansas, and a practice facility slated for Olathe.
- State officials released a draft map of STAR bond taxing districts, with the largest district in Wyandotte County to capture local sales-tax revenue for repayment.
- The financing plan calls for $2.4 billion in STAR bonds expected to cover roughly 60% of project costs alongside private investment.
- Gov. Laura Kelly’s office says the agreement uses no current state-budget funds and imposes no new taxes, with repayment tied to future sales and liquor tax collections.
- Economists, including Neil deMause and William Black, question whether projected tax revenues will cover the bonds, as local businesses gear up for higher demand and residents voice concerns over traffic and infrastructure.