View original fileNOTICE OF BUDGET HEARING State of Kansas 2026 Special District
The governing body of Self-Supporting Municipal Improvement District
Sedgwick 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 tax to levied. 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 2024 Current Year Estimate for 2025 Proposed Budget Year for 2026 Actual Actual Budget Authority Amount of 2025 Proposed
for Expenditures Ad Valorem Tax Estimated FUND Expenditures Tax Rate* Expenditures Tax Rate* Tax Rate*
General 822,256 6.801 908,138 6.807 1,410,220 1,396,024 10.000 Debt Service
Totals 822,256 6.801 908,138 6.807 1,410,220 1,396,024 10.000 Revenue Neutral Rate** 6.365
Less: Transfers 0 0 0 Net Expenditures 822,256 908,138 1,410,220 Total Tax Levied 786,763 888,489 xxxxxxxxxxxxxxxx Assessed Valuation 115,691,636 130,533,662 139,602,418
Outstanding Indebtedness, Jan 1, 2023 2024 2025 G.O. Bonds 0 0 0 Revenue Bonds 0 0 0 Other 0 0 0 Lease Pur. Princ. 0 0 0 Total 0 0 0
*Tax rates are expressed in mills. **Revenue Neutral Rate as defined by KSA 79-2988
Paul Leeker