Royals Stadium Funded by City Taxes | Topeka News

The Kansas City Royals’ new downtown stadium is getting a major financial boost through a bold TIF plan that redirects tax growth—not new taxes—to pay off construction debt. Covering 147 acres, the proposal funnels sales and earnings tax increases toward the project, starting with 50% of redirected funds for 23 years, then 100% for seven. The city has already pledged $90M in infrastructure and $510M in bonds, with TIF aiming to cover $382M of that debt. A potential 1% stadium-specific sales tax is also on the table. While final approval is pending—scheduled hearings may shift to September—the city council has already approved the 30-year lease, maintenance responsibilities, profit-sharing, and community investments including the Negro Leagues Museum and homelessness programs. This is the blueprint for one of the city’s biggest downtown developments yet. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f3e07c67c58b3d8e