The average Riley County’s taxpayer will see their property tax increase by up to 6.7% in 2022.
The commissioners passed a resolution on Monday that would set a maximum property tax rate of 44.151 million. A mill costs $ 1 for every $ 1,000 of taxable property value.
At this point, Riley County can cut the budget, but not increase it.
“That is our upper limit,” said Chairman John Ford. “We can continue to work (on).”
This is an increase of 1,866 million compared to the 2021 mill levy of 42,285 million.
At that rate, the owner of a $ 100,000 home paying $ 486.28 in 2021 would pay $ 518.91 in 2022, considering the average value of an existing single-family home in Riley County is around 2 .2% has risen. That’s a 6.71% increase from 2021 to 2022.
In a change in the law, municipalities and school districts now have to give notice if they plan to exceed the “revenue-neutral” rate, i.e. to earn more money through property taxes in the next year.
The proposed total budget for 2022 is $ 49.7 million, an increase of $ 8.19 million from the budget of $ 41.58 million in 2021.
Commissioners asked Tami Robison, the county’s budget and finance director, to come back in the future to speak more about the budget with the commission as Commissioner Kathryn Focke was absent from Monday’s meeting.
In addition, Riley County commissioners on Monday approved and signed the $ 50,000 asbestos removal from First Christian Church, using capital improvement funds to pay for the removal.
In January 2021, local contractor Associated Insulation estimated the asbestos removal at $ 65,000.
It’s unclear what the county will do with the building. During Monday’s meeting, the commissioners did not discuss plans for the church other than asbestos removal.
The district ultimately hopes to be able to use the space for offices, be it in the old church or in a new building.
Last week, Chairman John Ford and Commissioner Greg McKinley voted to consider all options for demolishing the church building. Focke said she wanted to save the building.
The county bought the church at 115 Courthouse Plaza in May 2020 for $ 852,000. The building was built in 1909 and is located opposite the parking lot of the district administration building.