(MULVANE, Kan.) — Just like Randy Nelson could use a break from the heat, he'd take a drop in taxes too. He'll at least catch some slack in his property tax. The Mulvane city council agreed to reduce property taxes by 10-percent.
"Anything will help. 10, 15, 5... anything will help yes,” Nelson said.
Nelson, like other residents, will notice the change on his December 2013 statement. City Administrator Kent Hixson says a home assessed at 120-thousand-dollars will save about 69-dollars a year in city taxes. And that's not all.
“We're able to shift the cost traditionally borne by some of the electrical to the property tax and we're able to reduce the expenses for the utilities,” Hixson said.
It's cutting city electrical rates by five-percent almost immediately.
"That's great too,” Nelson said.
The city says the reductions are the pay-off for taking a chance on the Kansas Star Casino. The city receives one-percent of its gross gaming revenue. So far that's 844-thousand dollars—that’s more than what was projected for the entire year.
