Lenexa is planning to launch a pilot program that will provide $100,000 in property tax relief for older homeowners in the area. On Tuesday, the Lenexa City Council unanimously approved a Governing Body Finance Policy for a Property Tax Rebate Program intended to provide property tax relief for eligible homeowners. The program is intended to provide property tax relief for eligible older homeowners and lessen the tax burden resulting from rising home values. The program has been in talks for about a year. “This is great,” said Councilmember Courtney Eiterich. “I know we’ve hashed through a lot of different scenarios on this, and I’m happy to see this come to fruition. I hope that we get lots of applicants.” The measure is similar to a pilot program recently discussed by the Overland Park City Council in May. Every eligible applicant will receive a property tax rebate equal to a pro rata share of available funds, capped at 75% of the City’s share of the homeowner’s property tax bill. The amount each applicant will be reimbursed depends on the total number of eligible applications. It is anticipated that rebate amounts will range from approximately $550 to a maximum of $924.
Source: KCUR News
