Calculate Your Savings

There has never been a better time to build a home in Augusta, Kansas.  Under the newly adopted Neighborhood Revitalization Plan your new home will qualify for a 95% tax rebate.  Over a period of 5 or 10 years, this amounts to a tremendous savings!

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1) Market (Appraised) Value of Your Home

    $200,000

2) Multiply Appraised Value by 11.5%

    $200,000   x   11.5%   =   $23,000  Assessed Value

3) Multiply Assessed Value by the Property Tax Mill Levy

    $23,000   x   0.1558   =   $3,584  Annual Tax Liability

4) Multiply Annual Tax Liability by 95%

    $3,584   x   95%   =   $3,405  Annual Tax Rebate

5) Multiply Annual Tax Rebate by 10 Years

    $3,405   x   10 yrs   =   $34,050 Total Savings

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