Johnson County Property Taxes: Understanding Mill Levies

0:00I'm Cory with the story, bringing you the latest from Kansas News today. Johnson County property taxes aren't just about your home's assessed value. The real key is the mill levy rate set by local governments, which multiplies with that value and gets divided by 1,000 to figure your bill. For example, one Olathay homeowner faces nearly $6,000 in taxes. That breaks down across six groups, like the school district, city, county, community college, parks, and state. Most goes to schools. Homeowners, especially retirees on fixed incomes, say the jumps are hard to handle. One resident worries should get priced out of her long time home because of these rising costs. Local officials explain that cities and schools set mill lebis each year to cover budgets for things like staff, health care, and doding projects. Olathay has held rates steady lately, or even cut them in 2023 and 2024 when values rose fast. In the end, even with higher assessed values, smart levy adjustments can keep your taxes

1:03stable or lower. Knowing both parts of the equation helps you understand your actual payment. The daily news now is made possible with support from our sponsor. It looks like a pillow. It sounds like headphones. Bill for comfort and sound, I-S-O-L-I, solelypillow.com