KCRag Forum

studentper wrote: Good list, and I get your point, but except for the Plaza and Nelson, everything else a highway exit.

smh wrote: I do find most clients enjoy a nice REALBURGERTM when they're in town.

&&

studentper wrote: jeez, i just googled realburger praying that it wasn't a real trademark of applebee's.  sort of begs the question what their other burgers were.

KCPowercat wrote: Their total tax bill is higher

•The property tax rate for Kansas City is already higher, in many cases, than the rates for suburbs such as Overland Park, Shawnee and Lenexa.
...
•The overall property tax bills for Kansas City residents — including the payments to school districts, counties and other taxing jurisdictions — aren’t cheap.
...
Consider several examples from this area, while keeping in mind in all these cases that estimated market values don’t necessarily reflect what houses would sell for, and that people live in different cities, counties and school districts for a host of reasons.

All of these cases compare the percent of property taxes paid vs. the stated market value of the house.

For example, my house in Kansas City had a market value of $85,107 for 2010. The city portion of the property tax was $280.70.

So the overall city tax was

0.33 percent of the house’s market value.

Here are some of the city property tax rates in 2010 for other examples:

0.10 percent for an Overland Park house with a value of $212,000.

0.28 percent for a Leawood house with a value of $267,900.

0.28 percent for a Shawnee house with a value of $204,900.

0.29 percent for an Olathe house with a value of $157,600.

0.30 percent for a Kansas City house with a value of $37,532.

0.31 percent for a Kansas City house with a value of $166,940.

0.33 percent for a Fairway house with a value of $330,800.

0.35 percent for a Kansas City house with a value of $576,000.

Of course, the city tax isn’t the biggest portion of a property tax bill. So it makes sense to look at a total property tax amount while examining whether Kansas Citians appear to be over- or under-taxed on their houses.

Unfortunately, they don’t get any big bargain when it comes to overall rates, either.

The overall annual property tax burdens for the residences I reviewed ranged from a low of 1.38 percent of the house price (in Overland Park) to 1.78 percent of the house price (in Kansas City).

That last house was mine, and it was highest on the list because the Raytown School District had the most expensive property tax levy of any other district checked — almost 28 percent higher than the Kansas City School District. And the Kansas City district rate was higher than those for the Blue Valley, Shawnee Mission and Olathe districts in Kansas.

shinatoo wrote: So Illinois is raising their tax rate and everyone is freaking out. Our home office is in Illinois and talking to my boss yesterday he was considering moving out of state, like to Wisconson. All the news is talking about is how big a boon this will be for adjoining states. What no one is looking at is the tax rate. WI 6.5%, MN 7.5%, IA 6.48%, Ky 6%, IN 3.4% of adj FGI.

Indiana is the only state with lower taxes even after Illinois raises theirs from 3% to 5%, and Il is based on adj FGI. Do reporters do no research?

shinatoo wrote: Do reporters do no research?

KCPowercat wrote: That's not another take......nor is it recent or yours.  Percentage can be lower because the value assessed against is higher...it doesn't change my statement of TOTAL tax burden being higher.

KCMax wrote: Not a KS/MO battle...but any reason why Missouri could not get in on this? Is Missouri not in "Region 7"?

http://www.bizjournals.com/kansascity/n ... sible.html