Results

Riley County, KS

08/01/2022 | News release | Distributed by Public on 08/01/2022 10:10

Public Hearings for Riley County Revenue Neutral Rate Requirement

(RILEY COUNTY, KS - August 1, 2022) Starting August 10, the Riley County Clerk's Office will begin mailing notices to property owners in Riley County. Each notice will include 2022 Estimated Ad Valorem Taxes and public hearing information for their area. This notice is not a tax bill. No action is needed in response to the notice, it is for information purposes only. Visit www.rileycountyks.gov/RNR or refer to the mailed notice to see information for each public hearing.

The 2022 Revenue Neutral Rate Public Hearing for Riley County will be held Monday, September 19 at 9:55 a.m. The public hearing will take place in the Riley County Commission Chambers located at 115 N. 4th Street in Manhattan, Kansas.

Kansas Statute now requires all taxing authorities to host a public hearing and send notification to property owners if proposed budgets will exceed the Revenue Neutral Rate (RNR). Revenue neutral is when a taxing entity budgets the exact same amount of property tax revenue, in dollars, for the upcoming budget year as they did for the current year.

For example: If a taxing entity uses $1 million of property tax revenue in 2022, being revenue neutral means they plan to only use $1 million in 2023 as well.

If a taxing entity plans to use more property tax revenue in the next budget year compared to the current year, even $1 more, they would exceed revenue neutral and need to hold a public hearing.

Kansas Statute authorizes local governments to levy property taxes. In addition to cities, townships, and counties, taxing entities include special districts such as schools, hospitals, fire departments, cemeteries, watersheds, and libraries. Each entity budgeting to utilize tax revenue in any amount greater than their 2022 budget is required by state law to hold a public hearing.

For more information about Riley County property taxes, public hearings, and the Revenue Neutral Rate, please visit www.rileycountyks.gov/RNR or call the Riley County Clerk's Office at 785-565-6215 during regular business hours.