NKC schools questions dispersal of taquito tax

A QuikTrip will open near Antioch Center next week, and the chief financial officer of the North Kansas City school district has questions about how the property taxes will be spent.

QuikTrip built the store on the site of the former Bill Woods Ford dealership. The parcel falls within the boundaries of a tax-increment financing (TIF) plan created in 2005 to assist with the construction of a replacement for Antioch Center.

QuikTrip did not ask for taxpayer assistance. The Kansas City TIF Commission, however, wants to divert $1.6 million in taxes the store will create to pay for neighborhood improvements.
 
The plan would take $529,907 away from the schools, the libraries and other entities which rely on property taxes. Appearing before the TIF Commission board meeting this morning, Paul Harrell, the school district’s CFO, said the district was prepared to support the plan but it had concerns.