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Economic Development

Tax Increment Financing 

701 North 7th Street
Phone: 913-573-5730
Email: cbrockman@wycokck.org

Office Hours are Monday thru Friday, 8 a.m. to 5:00 p.m.

A Tax Increment Financing (TIF) District allows the Unified Government to use its power of eminent domain (i.e. condemnation) to acquire property needed for a development project and to use the funds generated by the tax increment (new property taxes generated by the project) in the project.

TIF Districts may exist for up to twenty (20) years per project. In accordance with Kansas Laws, these funds may only be used for TIF-eligible expenses, which include but are not limited to: 

Tax Increment Financing
  • Land Acquisition and Relocation (of families)
  • Public Improvements (curbs, sidewalks, streets)
  • Site Preparation (demolition)

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