Kansas Town Offers Big Bucks To Move There

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HALSTEAD, Kan. (AP) _ Halstead has begun offering financial incentives ranging up to $2,500 aimed at encouraging people to move to the south-central Kansas town.

Halstead is offering Chamber Bucks, which can be spent only in Halstead, for city and school expenses and at most of the town's businesses.

The Wichita Eagle reports the city will give $25 Chamber Bucks for signing up for utilities or enrolling a child in school, and up to $1,500 for a new resident with a new student and new job in the town of about 1,800 residents northwest of Wichita. A newly built house earns $2,500 Chamber Bucks.

City administrator J.R. Hatfield says the program will largely pay for itself with increased tax revenue.

Posted by Greg Palmer