A proposed 14-mill tax increase in Seward County could significantly impact homeowners, with estimates suggesting an additional $350 annually for those with a $100,000 house. During a recent County Commission work session, officials discussed the implications of this increase, which would translate to about $29.17 per month for homeowners at that price point.
The conversation highlighted that many residents are already facing a 15% increase in property valuations, meaning their tax bills could rise even further. This increase disproportionately affects higher-end properties, with homeowners in that bracket seeing the largest percentage hikes.
Commissioners acknowledged the financial strain on residents, noting that the current housing market in Liberal has limited availability of homes priced around $200,000, complicating the situation for many families. As discussions continue, the county faces the challenge of balancing budget needs with the financial realities of its residents.