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Tax lid shapes 2018 city budgets in Kansas counties
The state tax lid limits local spending increases to inflation plus new construction or annexation. Cities offset by shifting funds to bond and interest to stay within limits. new bond payments and public safety costs are exempt. Some fear bonds spur borrowing, while others expect future budget flexibility and more referendums. Four localities near 2018 mill levies illustrate tighter budgets and exemptions.
MENTIONED IN THIS ARTICLE
Smith
Douglas County
Baldwin City
Lawrence
Eudora
Weinang
Bryan Kidney
Kidney
Patrick Vogelsberg
Kansas Association of Realtors
Vogelsberg