260807: Notice to the City Clerk of the Twin Creek Village East Community Improvement District’s Annual Report for the fiscal year ending April 30, 2026.

Description

Notice to the City Clerk of the Twin Creek Village East Community Improvement District’s Annual Report for the fiscal year ending April 30, 2026.

Summary

The Twin Creeks Village East Community Improvement District, established by Kansas City Ordinance 200461 in 2020, submitted its fiscal-year 2026 annual report and adopted a budget for May 1, 2026–April 30, 2027. The district funds public infrastructure and related costs through a voter-approved 1% sales/use tax, developer advances, and reimbursements. During the reporting year, it recorded about $3.78 million in revenue, including $3.74 million in certified developer costs, and about $3.75 million in expenses for site, utility, and street improvements. The budget anticipates $60,000 in sales-tax revenue, with 50% allocated to the Platte Purchase TIF, plus administrative expenses and developer-debt repayment. The district must submit its budget to Kansas City, which may provide written comments.