County clerk John Bartolac has released valuation and tax levy information for the 2017 Johnson County budgets.
Property value growth in Johnson County increased 6.86 percent over the previous year. Total valuation as of Oct. 31, 2016, the value used for setting levies, was $9,231,041,841 compared to $8,597,742,971 on the Nov. 2015 abstract.
The real estate valuation in Johnson County increased 7.18 percent. The valuation of real estate in the county is $8,890,885,708 on Oct. 31, 2016, compared to $8,252,595,699 in 2015.
Personal property valuation in Johnson County decreased 8.36 percent. Personal property valuation on Oct. 31, 2016, was $106,929,043 compared to $115,865,968 in 2015.
State assessed utilities, certified by the Kansas Department of Revenue, increased 1.69 percent to $233,227,090 on Oct. 31, 2016, compared to $229,281,304 in 2015.
Beginning in 1997, $20,000 of appraised value for qualifying residential parcels of real estate and some mobile homes are exempt from the school finance levy.
The clerk has the responsibility to examine county budgets to verify that each fund is within statutory tax levy limitations. The clerk then establishes mill levies to raise the ad valorem tax to be levied.
The 2016 mill levies and valuations are available online.