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Sedgwick County staff propose changing shared 1% sales-tax formula to assessed-value basis
Summary
County finance staff recommended lawmakers change the formula that divides the countywide 1% sales tax among Sedgwick County and the county's 20 cities from a property-tax-levy basis to an assessed-value basis; models show a modest shift of shares, with Wichita’s share dropping from 39.3% to 38.2%.
County finance staff on the Sedgwick County agenda-review briefing recommended a statutory change to how the countywide 1% sales tax is divided among Sedgwick County and the county's 20 cities.
Under current state law, half of the shared 1% sales-tax pool is distributed by population and the other half is distributed based on property-tax levy dollars; staff proposed switching the levy-based portion to an assessed-value…
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