260842: Notice to the City Clerk of the 1200 Main/South Loop Community Improvement District’s Annual Report for the fiscal year ending April 30, 2026.

Description

Notice to the City Clerk of the 1200 Main/South Loop Community Improvement District’s Annual Report for the fiscal year ending April 30, 2026.

Summary

The 1200 Main/South Loop Community Improvement District, created by Kansas City Ordinance 190306 in 2019, submitted its fiscal-year 2026 annual report to the City and Missouri Department of Economic Development. The CID did not provide services during the year. Its voter-approved 1% sales/use tax generated $1,005,720.91, with total revenue of $1,017,807.35. Expenses totaled $1,007,916.35, primarily transfers to the TIF special allocation fund and payments to Kansas City Live, LLC for garage operations, plus administration. The report records new directors, officers, budgets, and ratification of fiscal-agent payments. It also projects $1.04 million in revenue and $1.03 million in expenses for fiscal 2027.