State of Kansas City NOTICE OF BUDGET HEARING The governing body of City of Wichita will meet on August 26, 2025 at 9:00 AM at 455 N Main, Wichita KS for the purpose of hearing and answering objections of taxpayers relating to the proposed use of all funds and the amount of ad valorem tax. Detailed budget information is available at 455 N Main, Wichita KS and will be available at this hearing. BUDGET SUMMARY Proposed Budget 2026 Expenditures and Amount of 2025 Ad Valorem Tax establish the maximum limits of the 2026 budget. Estimated Tax Rate is subject to change depending on the final assessed valuation. Prior Year Actual for Current Year Estimate 2024 for 2025 Proposed Budget Year for 2026 Actual Tax Actual Tax Budget Amount of Proposed for 2025 Ad Estimated FUND Expenditures Rate * Expenditures Rate * Authority Expenditures Valorem Tax Tax Rate * East Bank TIF 2,160,322 1,972,578 2,408,357 West Bank TIF 1,120,910 1,143,937 2,059,028 South Fork TIF 108,367 275,500 279,925 Center City TIF 1,366,015 1,184,572 2,049,705 Ken Mar TIF 31,180 31,804 31,862 Douglas and Hillside TIF 151,130 433,870 406,876 Union Station TIF 341,348 786,651 802,384 Riverside TIF 47,088 94,248 96,130 ICT21 TIF 33,911 98,876 180,146 Gilbert and Mosley TIF 739,039 1,851,322 18,859,919 North Industrial Dist TIF 567,580 1,846,644 14,853,623 Totals 6,666,890 0.000 9,720,002 0.000 42,027,955 0 0.000 Revenue Neutral Rate** 0.000 Less: Transfers 4,910,556 4,959,885 7,232,104 Net Expenditure 1,756,334 4,760,117 34,795,851 Total Tax Levied 0 0 xxxxxxxxxxx Assessed Valuation 0 0 0 Outstanding Indebtedness, January 1, 2023 2024 2025 G.O. Bonds 27,115,257 29,043,707 26,525,649 Revenue Bonds 0 0 0 Other 0 0 0 Lease Purchase Principal 0 0 0 Total 27,115,257 29,043,707 26,525,649 *Tax rates are expressed in mills **Revenue Neutral Rate as defined by KSA 79-2988 ______________________________________ City Official Title: City Clerk