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Audit: Kansas property tax exemptions cost counties about $1 billion in 2024; universities hold $4.4 billion exempt
Summary
A Legislative Post Audit presentation to the Senate Assessment and Taxation Committee estimates counties forewent about $1.0 billion and the state about $12.0 million in property tax revenue in 2024 due to exemptions; auditors flagged unreliable exemption coding and recommended KDOR update reporting and the Legislature review outdated statutes.
Sam Dads, a senior auditor with Legislative Post Audit, told the Senate Assessment and Taxation Committee that real property tax exemptions led counties to forgo an estimated $1,000,000,000 in tax revenue in 2024 and the state to forgo about $12,000,000.
Dads said auditors focused on real property and calculated estimates by combining county property-tax records with Department of Revenue reports to determine average assessment rates and mill levies by county. He cautioned that the method requires assumptions because exempt properties lack comparable taxable uses: “These types of analysis require substantial assumptions about assessment rates and mill levies for exempt property, because these properties aren’t used for taxable purposes,” he…
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