Taxes
Sales Tax in Wamego is 9.05%. This breaks out as follows:
State - 6.3%, County -1.0%, City - 1.0%, Hospital - 0.75%
Property Tax is assessed by the Pottawatomie County Appraiser. (http://www.pottcounty.org/Appraiser/2010/FaqReal.html)
Article 11, Section 1 of The Kansas Constitution provides that: Real property shall be classified into seven subclasses and assessed uniformly by subclass at the following assessment percentages:
(1) Real property used for residential purposes including multifamily residential real property and real property necessary to accommodate a residential community of mobile or manufactured homes including the real property upon which such homes are located...11 1/2%
*(2) Land devoted to agricultural use which shall be valued upon the basis of its agricultural income or agricultural productivity pursuant to section 12 of article 11 of the constitution...30%
(3) Vacant Lots...12%
(4)Real property which is owned and operated by a not-for profit organization not subject to federal income taxation pursuant to section 501 of the federal internal revenue code, and which is included in this subclass by law...12%
**(5) Public utility real property, except railroad real property which shall be assessed at the average rate that all other commercial and industrial property is assessed...33%
(6)Real property used for commercial and industrial purposes and buildings and other improvements located upon land devoted to agricultural use...25%
(7)All other urban and rural real property not otherwise specifically subclassified...30%
Notes:
*Procedures used to determine appraised values for land devoted to agricultural use are beyond the scope of this publication.
**Public utility and railroad property is state-assessed and beyond the scope of this publication. Information in this publication does not apply to state assessed property.
For more information, please visit the Pottawatomie County Appraiser’s FAQ:
http://www.pottcounty.org/Appraiser/2010/FaqReal.html