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
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:
620-223-3800 or 620-215-5725
