Property Taxes are imposed on real and personal property by states, counties, cities, and/or other taxing entities. Property tax is also known as ad valorem tax, and is the largest source of revenue for the City General Fund.
City Property Tax dollars are used for roads, parks, law enforcement and many other local services.
Property Tax Rate (Mill Levy)
- One mill is equal to $1 for every $1,000 of assessed valuation.
- In 2017, the City of Goddard portion of the mill levy is 28.201, or approximately 20 percent of the property tax bill.
- Additional mill levy portions are determined and levied by the State of Kansas, Sedgwick County, Goddard School District 265, Fire District 1, and the Goddard Public Library.
Property Tax Calculation
- Residential Property Tax is calculated by multiplying the assessed valuation of a home (11.5 percent of the appraised value) by the total mill levy, and then dividing by 1,000.
- Commercial Property Tax is calculated by multiplying the assessed valuation of a commercial property (25 percent of the appraised value) by the total mill levy, and then dividing by 1,000.
|2016 MILL LEVY FOR 2017 BUDGET|
|City of Goddard||28.201|
|State of Kansas||1.500|
|Sedgwick County Fire District 1||18.414|
|Goddard School District 265||59.910|
|Goddard Public Library||2.963|
|Total Property Tax Rate (Mill Levy)||140.445|