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Hearing on Topeka Metro levy fails to advance; transcript records inconsistent vote tally
Summary
The council held a public hearing on whether Topeka Metro Transit Authority should exceed its revenue-neutral rate (3.999 mils) and impose a 4.2-mil rate. A motion to approve the higher TMTA rate failed, but the transcript records an inconsistent tally; staff said exceeding the rate would yield roughly $300,000 for Metro.
The Topeka City Council opened a public hearing Aug. 26 to consider whether the Topeka Metro Transit Authority should be allowed to adopt a property tax rate that exceeds its revenue-neutral rate of 3.999 mils and instead levy 4.20 mils.
Josh MacInarney, the city’s budget and finance division director, briefed the governing body on the levy process and figures, saying the difference between the TMTA’s current 4.20 rate and its revenue-neutral rate of 3.999 amounts to approximately $300,000. He explained the hearing is the first step and that the final mill levy will be set when budgets are adopted in…
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