Saturday, September 25

Wichita not using PEAK much

From Wichita Business Journal:

“The most populous city in Kansas and its surrounding metro area have only benefited from about 5 percent of total spending on the Promoting Employment Across Kansas economic development incentive program.”

We ought to ask why Wichita economic development officials have not made more use of PEAK, which rebates nearly all Kansas state income tax withholding of a company’s employees. The full article and searchable database are at Database: Of $369.7 million in PEAK funding, Wichita-area companies have received just 5 percent.