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Grandview holds public hearing on proposed FY2026 property tax levy
Summary
City staff outlined a proposed FY2026 property tax levy and preliminary assessed valuation increases at a public hearing; board will set final levy rates Sept. 9.
Grandview held a public hearing on the proposed fiscal year 2026 property tax levy during the Board of Aldermen meeting on Aug. 26, 2025, where city staff presented preliminary valuation figures and explained legal limits on levy increases. The board did not set final rates at the meeting; staff said rates will be formally adopted at the Sept. 9 meeting.
City staff said the city’s preliminary assessed valuation, certified June 30, is $533,061,825, a 5.6% increase from the 2024 assessed valuation of $504,815,655. Staff said the city recorded $32,000,000 of new construction in calendar year 2024 with an assessed value of nearly $8,000,000 and that the revenues from those new-construction projects will be available to the city. “The notice of this public hearing was published in the Kansas City Daily Record on 08/05/2025,” staff said.
Staff also noted legal limits that affect local property tax collections, saying the Hancock Amendment limits property tax increases to the Consumer Price Index and that the state tax commission set the CPI limit at 2.9% for 2025. The staff presentation said the city’s tax rate has fallen more than 22% since February 2015 from the state-mandated maximum of $1.50 to the proposed $1.16.
During the hearing, Alderman Maloney asked whether the county had correctly accounted for the new-growth valuation. Staff replied that the county had credited the city with $32 million of new construction this year, “the majority showed as residential … dollars $21,000,000 of residential, about $11,000,000 of commercial.”
No public speakers addressed the levy during the hearing. The board did not vote on the levy at the Aug. 26 meeting; staff said the board is scheduled to officially set levy rates at its Sept. 9 meeting.
Why this matters: property tax levies determine local revenue for services such as debt service and park maintenance; changes in assessed valuation and constraints from the Hancock Amendment affect how much revenue can be collected without voter approval.
Questions remaining from the meeting include the final levy rates the board will adopt on Sept. 9 and any budgetary allocation changes that will accompany those rates.
