Coffey County Economic Development

Coffey County benefits from a favorable tax structure when compared to other US regions and offers one of the lowest property tax rates in Kansas. Our state offers a stable, competitive and equitable tax environment to ensure that "no single industry is disproportionately burdened which encourages business to invest in people, facilities, equipment and machinery."

Recent County Tax Trends (mills levied per $1,000 of assessed value)

	2007	2006	2005	2004	2003
County's Mill Levy	39.607	36.680	36.510	36.599	36.435
County's Assessed Value	$422,700,404	$460,576,212	$455,842,283	$454,792,206	$441,678,791

Coffey County Clerk's Office, Coffey County, Kansas

Property Classification Tax Rates:

Residential Property @ 11.5% of Total Real Estate
Commercial / Industrial Property @ 25% of Total Real Estate

Recent Municipalities Tax Trends (mills levied per $1,000 of assessed value)

Municipalities	2007 City Levy	2007 Total Levy	2006 City Levy	2006 Total Levy
Burlington	34.578	107.503	35.396	103.141
Gridley	37.849	121.440	35.914	114.692
Lebo	39.173	135.137	29.587	119.221
LeRoy	41.515	125.117	41.678	120.479
New Strawn	53.468	126.405	52.170	119.926
Waverly	42.294	139.544	42.860	135.270

Coffey County Clerk's Office, Coffey County, Kansas

Kansas Income Tax Rates

Corporate Income Tax:
        Taxable income @ 4.00% plus 3.35% surtax on taxable income over $50,000

Personal Income Tax:
    Individual:
        Taxable income not over $15,000 @ 3.5%
        Taxable income not over $30,000 @ $525.00 plus 6.25% of excess over $15,000
        Taxable income over $30,000 @ $1,462.50 plus 6.45% of excess over $30,000

    Joint:
        Taxable income not over $30,000 @ 3.5%
        Taxable income not over $60,000 @ $1,050.00 plus 6.25% of excess over $30,000
        Taxable income over $60,000 @ $2,925.00 plus 6.45% of excess over $60,000

Enterprise Zone Credits

Manufacturing Firms: (Must create at least two net new jobs.)

Sales Tax Exemption

Located in a Kansas Non-metropolitan Region

Job Creation Tax Credit - $2,500 per net new job

Investment Tax Credit - $1,000 for each $100,000 of qualified investment

Non-Manufacturing Firms: (Must create at least five net new jobs.)

Sales Tax Exemption
Located in a Kansas Non-metropolitan Region
Job Creation Tax Credit - $2,500 per net new job
Investment Tax Credit - $1,000 for each $100,000 of qualified investment

Retail:

Sales Tax Exemption (available only for businesses in communities of less than 2,500 population)

Job Creation Tax Credit - $100 per year for 10 years for each new job created, available under K.S.A. 1993 Supp. 79-32, 153 as amended

Investment Tax Credit - $100 per year for 10 years for each $100,000 in business investment, available under K.S.A. 1993 Supp. 79-32, 153 as amended

For More Information Contact:
Coffey County Economic Development Department
110 S. 6th Street
Burlington, KS 66839
Phone: (620) 364-8780
1-800-947-4796
FAX: (620) 364-2045
email: jhotaling@coffeycountyks.org

Maintained by: Coffey County Technology Committee

Note: Every effort is made to insure the information provided on these pages is timely and correct. However, users should keep in mind that this information is provided only as a public convenience. In any case, where legal reliance on information is required, the official records of Coffey County should be consulted.