Olathe has adopted a budget for 2025 that keeps the municipal property tax rate flat but raises city utility rates. That new budget — valued at roughly $611 million — will keep the property tax, or mill levy, rate static at 23.356. It is also expected to add about $10 a month to the average utility cost in the city for residents who use all of Olathe’s utilities. Ultimately, the 2025 budget passed 4-2 Tuesday, with councilmembers Kevin Gilmore and Robyn Essex voting no. Councilmember Matt Schoonover was absent. City leaders, including Mayor John Bacon and Chief Mike Butaud, marked the opening of the reimagined Olathe Police Department headquarters with a ribbon-cutting in May 2024. Photo credit Kaylie McLaughlin.
How will this affect your tax bill? For 2025, Olathe will keep the city’s property tax rate of 23.356 mills. That’s still one of the lowest property tax rates among Johnson County cities. But Olathe property owners should expect to pay more next year on their annual property tax bill because home values — which contribute to the amount you pay — have continued their upward trend. Per the real estate statistics kept by Johnson County, Olathe’s average residential property value is $407,350, up about 7.3%. To calculate what your bill is, you multiply the value of your home by .115 (the residential assessment rate). Then, divide that number by 1,000. Multiply the result by the adopted mill levy rate of 23.356. For the average homeowner in Olathe, that means about $1,904 in property taxes owed to the city next year. Keep in mind that your total annual property tax bill also includes rates from other jurisdictions, like Johnson County and the school district you live in.
Source: Johnson County Post
