The redevelopment of the Sikeston 60 West Redevelopment Area is welcome, but the now-standard assumption of public subsidies for these projects is unfortunate. Sikeston has a history of granting TIFs to redevelopment projects. According to the Missouri auditor, Sikeston has previously given out over $9.5 million in TIFs to four projects, including a Holiday Inn Express and Colton’s Steakhouse and Grill.
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About the Author
Michael Rathbone was a policy researcher at the Show-Me Institute. He is a native of Saint Louis and a 2008 graduate of Saint Louis University, where he earned a bachelor of science degree in biomedical engineering. In 2010, Michael obtained an M.B.A. from Washington University in St. Louis with concentrations in finance and health care management. At the Show-Me Institute, Michaels policy areas included the state budget, taxes, public pensions, and public subsidies. He also delivered lectures to area high school students about the Great Depression from an economic perspective. Michael lives in Fenton.
