John A. Bartolac, Johnson County clerk, today released valuation and tax levy information for the 2020 Johnson County budgets. The 2019 mill levies and valuations are available on the Records and Tax Administration website.
Growth in Johnson County increased 5.61% over the previous year. Total valuation as of Oct. 31, 2019, the value used for setting the levies, was $11,150,289,696 compared to 10,558,374,635 on the November 2018 abstract.
The real estate valuation in Johnson County increased 5.76%. The valuation of real estate in the county is $10,798,575,181 on Oct. 31, 2019, compared to $10,210,064,665 in 2018.
The personal property valuation decreased 5.42%. Personal property valuation on Oct. 31, 2019, was $88,806,842 compared to $93,893,548 in 2018.
State assessed utilities, certified by the Kansas Department of Revenue, increased 3.34% to $262,907,673 on Oct. 31, 2019, compared to $254,416,422 in 2018.
Since 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 County Clerk has the responsibility of examining the budgets to verify that each fund is within the statutory tax levy limitations and then establishes the mill levies to raise the ad valorem tax to be levied.