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Overall tax valuation in Wichita increased by 9.3% in 2023. For premium support please call: 800-290-4726 more ways to reach us
This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is generally an obligation of the owner of the property. Values are determined by local officials, and may be disputed by property owners.
Wichita would collect an extra $12.6 million in property taxes next year compared with 2023. Here’s what’s happening with property taxes, police and fire in Wichita’s 2024 budget Skip to ...
Wichita’s pilot program will provide up to $660,000 of refunds on a first-come, first-served basis. Funding will come from the projected $14.1 million surplus that the city plans to transfer ...
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The Kansas Policy Institute (KPI) is a free market American think tank based in Wichita, Kansas. [2] [3] A member of the State Policy Network, it primarily focuses on state and local policy issues in Kansas, including education, budget and spending, health care, and property taxes. [4] KPI is a 501(c)(3) non-profit organization.
In 2007, in a $1.4 billion transaction the Epic Center, One and Two Brittany Place and 31 other buildings, were acquired by real estate investment firm Behringer Harvard, when it acquired IPC US REIT. [3] In 2015, the Epic Center changed hands again, being purchased for $11.5 million by real estate investor Phil Ruffin.
Wichita's principal industrial sector is manufacturing, which accounted for 21.6% of area employment in 2003. Aircraft manufacturing has long dominated the local economy, and plays such an important role that it has the ability to influence the economic health of the entire region; the state offers tax breaks and other incentives to aircraft ...