Sumner County Commission Approves Reduction In Property Tax Rates
Friday, August 17, 2012 News Release
The Sumner County Commision voted Tuesday to finalize its 2013 budget. Included in the budget is a 27% reduction in county property tax rates. Commissoners credit Kansas Star Casino gaming revenue and property valuation for making the reduction possible.
“This will directly impact property owners in all of Sumner County,” sasid Commission Chairman Cliff Bales. “The taxes on a $100,000 home will drop by about $200 a year.”
Gaming revenues, directly attributable to the Kansas Star Casino, resulted in a Sumner County mill levy reduction of approximately fifteen mills, according to County Commissioner Steve Warner. The total mill levy reduction for the county is 17.2.
Sumner Coutny receives 1% of gaming revenue, generated by Kansas Star Casino. The amount received by the county surpassed the county surpassed the $1 million dollar mark in July, totaling $1,078,663 for 2012. The addition of the mulit-million dollar facility has also made a dramatic increase in the amount of property tax revenue collected by the county.
Commissioner Jim Newell stated “Indivudally and collectively, the County Commissioners have kept their promise to the citizens of Sumner County. The revenue stream generated by the Kansas Star Casino has been applied to provide the poperty owners of our county with much needed and apperciated tax relief.”
The Kansas Star Casino is in its first phase of development. The $329 million investment will include a full service casino, hotel, events center and more when completed.
“We’re proud to be located in Sumner County,” said Scott Copper, Kansas Star Casino General Manager. “We’re also proud to have leaders who are dedicated to passing our success on to our neighbors here in the county.”
For more information, please visit www.co.sumner.ks.us