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Subsidy Tracker Individual Entry

Company: Cerner Corp.
Parent Company: Oracle
Subsidy Source: multiple
Location: Missouri
City: Kansas City
County: Jackson
Address: Interstate 435 and Bannister Road
Project Description: office development for a health care technology company
Year: 2013
Major Industry of Parent: information technology
Specific Industry of Parent: software
Subsidy Value: $1,635,152,242
Subsidy Value in 2023 Dollars: $2,148,169,305
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
Number of Jobs or Training Slots: 15,000
Capital Investment: $4,300,000,000
Source of Data: The value and the breakdown of the TIF reimbursement came from Ordinance # 130737 Fact Sheet, available at (click here). The ordinance was approved by Kansas City Council on October 11, 2013. See also Lynn Horsley and Kevin Collison, "Kansas City Council approves $4.3 billion Cerner campus plan," The Kansas City Star, October 11, 2013; available at: (click here) and Rob Roberts, "TIF Commission advances $4.3B Cerner campus," Kansas City Business Journal, September 11, 2013; available at: (click here)
Notes: On October 11, 2013 the Kansas City Council approved tax increment financing district for a 4.5 million square foot mixed-use office campus that will be built by Cerner Corp. in 14 phases by 2024. The company will be reimbursed $1.6 billion for the construction costs and the reimbursement will come from various types of TIF: $740,097,851 from standard TIF, $288,632,659 from Super TIF and $606,421,732 from State Supplemental TIF. Overlaps with main Subsidy Tracker data: none.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.