STAR BOND PROJECT

Sales Tax and Revenue (STAR) Bonds

Pursuing possible STAR Bonds Project

in Fort Scott – Bourbon County

Requesting

Interest – Input – Information – Feedback

See more information below!

The intent is to increase regional and national visitation to Kansas.

The Bourbon County Workforce and Entrepreneur Resource Center (BWERC) has heard an interest from the local community with many ideas and is looking into pursuing a possible STAR Bonds Project.

What are STAR bonds?

According to the Kansas Department of Commerce, “Sales Tax and Revenue (STAR) Bonds are a financing tool that allows Kansas municipalities to issue bonds to finance the development of major commercial, entertainment and tourism projects.

How are STAR bonds paid off?

The bonds are paid off through the sales tax revenue generated by the development

(through the sales tax rate already in place,

not any additional sales tax implementation).

What is the purpose of STAR bonds?

The intent is to increase regional and

national visitation to Kansas.”

More information can be found here.

We are asking tourism or entertainment

based businesses to reach out to

Jody Hoener or Dacia Clark by March 1^st.

There will be a process to ensure each submitted business idea meets a minimum private investment and the STAR bond parameters and objectives are met.

Information submitted by:

Jody Hoener, Bourbon County Economic Development

620-223-3800 or 620-215-5725