If the Kansas Supreme Court rules against Johnson County in its appeal of a lower court’s ruling on how to appraise Walmart stores’ properties, it likely won’t be a budget killer right away for Overland Park, said City Manager Bill Ebel. But he cautions that future structural changes that upset the balance of property tax, sales tax and user fees collections could be “concerning” in the long run. Ebel recently said that a “substantial portion” of the estimated $1.5 million the city might have to refund due to the ongoing Walmart case has already been set aside in a liability account, should the court rule in favor of the retail giant.
Source: Prairie Village Post
