Kansas lawmakers hear about potential $1.1B in lost property taxes from industrial revenue bonds

By: Morgan Chilson

Outlets: Kansas Reflector

Published: July 8, 2026

Words: 1,213

Last Updated: 1 week, 6 days ago

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TOPEKA — Kansas counties issued $18.3 billion in industrial revenue bonds to new and existing businesses between 2010 and 2024, leaving about $1.1 billion in potential property taxes on the table, legislators learned Wednesday.

The Legislative Post Audit Committee reviewed an audit of industrial revenue bonds with the goal of answering three questions: fiscal impact of the bonds on state and local governments; what estimates cities and counties report to the Board of Tax Appeals …

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