The Johnson County Board of County Commissioners (BOCC) has adopted the FY 2016 budget for Johnson County. The total budget of $928,702,770 is comprised of $743,167,310 in expenditures and $185,535,460 in reserves, which helps maintain the County’s AAA bond rating.
The 2016 budget includes a mill levy increase of 3.3 mills, the first mill levy increase in a decade. The impact on the average Johnson County homeowner will approximately be as follows: $4.75 a month for individuals with a $150,000 home, $8.26 a month for individuals with a $261,000 home and $12.66 for those with a $450,000 home. Olathe residents will pay $3.67, $6.38 and $9.78 respectively, since Olathe has its own library system. Johnson County will still maintain the lowest county taxing district mill levy in Kansas with this increase.
“This budget ensures Johnson County can keep our existing services and make important and necessary improvements to our parks, libraries and transit routes,” said Ed Eilert, chairman of the Johnson County Board of County Commissioners. “This investment in our community’s important assets will help make sure Johnson County remains one of the best places in the country to live, work and raise a family.”
1.622 mills of the 2016 increase will be used to maintain current service levels. The remaining mill levy increases break out as follows:
“We have not raised the property tax mill levy in Johnson County since 2006, and instead have made significant cuts to county government all during the recession, but a number of changes including a loss in revenue from the state and having to dip into our reserves for several years, makes this increase necessary,” said Hannes Zacharias, County Manager.
The final setting of the mill levy for the new fiscal year, which starts January 1, will be established by the end of October with the final property valuations by the Johnson County Department of Records and Tax Administration.
Details about the FY 2016 Budget, the current FY 2015 Budget, and budget process are available at the county’s main website at www.jocogov.org.