According to a social media release from Atchison County, the county's proposed 2027 property tax rate is coming in under the revenue neutral rate, or RNR. The revenue neutral rate is set at 57.314 mills, while the county's proposed tax rate is 56.257 mills.
The county explains that the revenue neutral rate is the specific property tax mill levy needed to generate the exact same amount of property tax revenue as the prior year, based on the current year's total assessed valuation. Coming in under that rate means the county portion of residents' tax bills should offer some relief in 2027.
As an example, the county says a home valued at $250,000, at an 11.5% residential assessment rate and the proposed 56.257 mill rate, would generate about $1,617 in county property tax for the year. The county notes that figure reflects only the county's portion of a resident's overall 2027 property tax bill.
