NOTICE OF PUBLIC HEARING OF THE CITY OF LENEXA, KANSAS The city of Lenexa, Kansas (the “City”), will conduct a public hearing at 7:00 p.m. or as soon thereafter as the matter may be heard on Tuesday, September 1, 2026, in the Community Forum at City Hall, 17101 W. 87th Street Parkway, Lenexa, Kansas regarding the City’s intent to exceed the revenue neutral rate as defined by state law. The Revenue Neutral Rate for the City of Lenexa was calculated as 25.359 mills by the Johnson County Clerk. The Governing Body of the City of Lenexa, Kansas intends to exceed the revenue neutral rate of 25.359 mills and to levy a proposed property tax mill rate of 25.984 mills for fiscal year 2027. Interested members of the public are invited to attend the hearing and will have an opportunity to express their views with respect to the City’s intent to exceed the revenue neutral rate. Written comments with respect to the City’s intent to exceed the revenue neutral rate may also be submitted to the City Clerk before the hearing. Dated: 8/6/2026 For Publication: 8/10/2026 State of Kansas City 2027 NOTICE OF HEARING TO EXCEED REVENUE NEUTRAL RATE AND BUDGET HEARING The governing body of City of Lenexa will meet on September 1, 2026 at 7:00 PM at Lenexa City Hall (17101 W 87th Street Parkway) 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 Lenexa City Hall and will be available at this hearing. BUDGET SUMMARY Proposed Budget 2027 Expenditures and Amount of 2026 Ad Valorem Tax establish the maximum limits of the 2027 budget. Estimated Tax Rate is subject to change depending on the final assessed valuation. Prior Year Actual for 2025 Current Year Estimate for 2026 Proposed Budget Year for 2027 Proposed Actual Tax Actual Tax Budget Authority for Amount of 2026 Estimated Tax FUND Expenditures Rate * Expenditures Rate * Expenditures Ad Valorem Tax Rate * General 121,023,377 22.110 119,782,960 21.681 165,584,855 43,082,066 21.431 Debt Service 12,445,954 4.849 12,729,030 4.553 26,612,330 9,152,753 4.553 Special Highway 1,596,424 1,510,510 2,002,279 Tourism and Convention 1,249,552 2,100,000 5,895,214 Special Alcohol 337,198 477,317 1,935,059 Special Parks and Recreation 486,719 477,317 601,566 Stormwater Management 14,067,199 7,957,696 10,738,004 Neighborhood Revitalization 69,170 350,000 656,922 TIP-Transportation Improve 415,831 775,000 4,232,681 Parks & Rec Impact Fee 48,000 475,000 2,883,497 Mining TIF 1,438,024 4,000,000 8,449,072 Street Tree 365,480 100,000 340,384 Ridgview Mining TIF 2,768,084 2,715,107 5,078,573 City Center TIF 8,049,705 10,636,165 19,538,970 Orchard Corners CID 778,982 800,000 1,048,798 Prairie Creek CID 157,530 225,000 249,337 Quivira 95 CID 29,143 60,000 63,890 Greystone Plaza CID 70,968 80,000 91,272 City Center East CID #1 2,134 80,000 75,941 I-35 & 95th Street TIF 170,555 2,300,000 7,404,169 City Center East CID #2 134,560 200,000 382,751 Rec Center 3,789,792 4,607,486 8,730,918 Midas Springhill Suites CID 69,538 80,000 90,751 Candlewood Suites CID 38,402 80,000 83,952 Holiday Inn Express CID 33,808 70,000 74,410 Sonoma Plaza CID 545,290 600,000 745,594 City Center Area E CID 61,335 100,000 114,679 Lenexa Point CID 105,044 250,000 218,345 Living Spaces CID 50,000 141,853 Retreat on the Prairie CID 50,000 26,956 Jayhawk Ridge CID 50,000 55,011 Ten Ridge CID 365,480 50,000 55,713 Renner 87 (Brierstone) CID 50,000 27,049 Central Green CID 18,692 50,000 50,496 City Center Area A CID 251,700 100,000 346,018 Midas Dual CID 50,000 50,391 Cemetery Fund 37,212 34,500 412,403 South Mining TIF District 50,000 67,152 Non-Budgeted Funds-A 9,554,168 Non-Budgeted Funds-B 63,686,658 Non-Budgeted Funds-C 18,804,737 Totals 263,066,444 26.959 174,153,088 26.234 275,157,255 52,234,818 25.984 Revenue Neutral Rate** 25.359 Less: Transfers 77,354,663 34,350,648 32,042,916 Net Expenditure 185,711,781 139,802,440 243,114,339 Total Tax Levied 47,512,601 49,524,574 xxxxxxxxxx Assessed 1,816,904,441 1,946,186,697 2,010,268,561 Valuation Outstanding Indebtedness, January 1, 2024 2025 2026 G.O. Bonds 148,660,000 145,705,000 132,285,000 Revenue Bonds 5,324,163 5,167,427 5,024,595 Other 0 0 0 Lease Purchase Principal 0 0 0 Total 153,984,163 150,872,427 137,309,595 *Tax rates are expressed in mills **Revenue Neutral Rate as defined by KSA 79-2988 Jennifer Martin City Official Title: City Clerk