Johnson County figures show decline in taxable valuation from 2011 to 2012

 

Johnson County’s Record and Tax Administration today released figures for county property valuations and tax levies as they pertain to the 2013 county budget — figures that show a decline in total taxable valuation over the past year.

Total valuation in September 2012 was $7,521,371,462, down from the $7,551,985,565 used in calculating the county’s figures in November 2011.

Real estate valuation decreased by .94 percent from 2011 to 2012, and personal property valuation decreased by 11.04 percent.

Despite the slight decrease in total taxable valuation for the 2013 budget year, the county commission voted in May to hold the county’s property tax rate steady for a seventh straight year. The taxing levy will be 23.188 mills — traditionally the lowest of all 105 counties in Kansas.