Property tax, electric rate reductions included in Mulvane budget
Mulvane residents could see tax relief in the near future.
In its 2013 budget, the Mulvane City Council included a 10 percent reduction in property taxes in 2013, as well as a 5 percent drop in electrical rates in 2012.
"It is gratifying to see positive impact is already being realized by revenue we receive from Kansas Star Casino," said Mulvane City Manager Kent Hixson in a news release. "Kansas Star Casino's investment in public infrastructure, combined with the city council's support in reducing taxes and electrical rates for our residents, will continue to spur economic development in the region."
The city receives 1 percent of the Kansas Star Casino's gross gaming revenue. Revenue for 2012 is ahead of what was anticipated for 2012, bringing in more than $844,000 to the city.
Hixson said the funding will help Mulvane begin projects the city has needed for years. Additional property taxes and gaming revenue will add a new EMS substation near the casino. The casino is also aiding in a new elevated water storage tower, as well as a new waste water treatment plant.
A new tornado siren has already been installed in the area.
A final decision on the budget will be made Aug. 6.
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