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Lawrence council sets FY2026 residential tax factor at 1.75 after assessor presentation
Lawrence City Council · November 19, 2025
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Summary
After a presentation by the chief assessor showing a 7% rise in taxable valuation and $1.8M certified new growth, the council adopted a residential factor of 1.75 to reduce the burden on homeowners; officials noted the city retains sizable excess levy capacity.
The Lawrence City Council voted Nov. 18 to set the FY2026 residential tax factor at 1.75, a shift the assessor’s office said will moderate the impact of rising property valuations on owner‑occupied single‑family homeowners.
Chief Assessor (presented remotely) explained the city’s total taxable valuation rose from…
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