A public hearing on Johnson County’s proposed FY 2020 Budget is scheduled Monday, July 29, for residents to learn more about the budget proposal and to offer comments on how county services are financed.
The hearing will take place in the hearing room of the Johnson County Board of County Commissioners (BOCC), beginning at 7 p.m. The hearing room is located on the third floor of the Johnson County Administration Building, 111 South Cherry Street, in downtown Olathe.
The BOCC has set the maximum expenditure authority for the FY 2020 budget at almost $1.26 billion, including estimated expenditures of $937.1 million and anticipated reserves of $322.7 million, with a constant mill levy of 26.013 mills. One mill equals $1 on every $1,000 of a homeowner’s assessed valuation.
At this stage of the annual budget process, the proposed FY 2020 Budget cannot be increased beyond the published maximum expenditure authority, but the budget can be decreased. The Board is expected to approve the final FY 2020 Budget and the estimated taxing levies on Thursday, Aug. 8, during its business session that begins at 9:30 a.m. in the hearing room.
By state law, the county must adopt the budget for the next fiscal year by Aug. 25.
The final setting of the FY 2020 mill levy will be established by the end of October, with the latest property valuations, by the Johnson County Department of Records and Tax Administration.
The budget becomes effective on Jan. 1, 2020.
Details about the proposed FY 2020 Budget and budget process are available here.