Shawnee is considering eliminating a portion of the excise tax abatement program that enables developers to seek additional city funds for development of street improvements.
The city’s excise tax abatement program was established in 2013. So far, 17 excise tax abatement agreements have been approved. One of the biggest and first agreements was with the WestLink business center. The agreements are used as an incentive for companies by abating the payment of the excise property tax, provided the company completes certain improvements in a specified period of time.
(Read more: Shawnee Dispatch stories)