State of Kansas City NOTICE OF BUDGET HEARING 2027 The governing body of City of Wichita will meet on August 25, 2026 at 6:00 PM at 455 N. Main St. City Hall 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 City Hall Finance Dept 12 Floor and will be available at this hearing. BUDGET SUMMARY Proposed Budget 2027 Expenditures and Amount of Current Year Estimate for 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 for 2027 Budget Authority Amount of 2026 Estimate FUND Expenditures Actual Tax Rate* Expenditures Actual Tax Rate* for Expenditures Ad Valorem Tax Tax Rate* East Bank TIF 1,972,578 2,278,934 2,132,210 West Bank TIF 1,143,937 2,028,371 1,428,000 South Fork TIF 117,797 279,925 283,874 Center City TIF 1,184,572 2,049,705 3,073,729 Ken Mar TIF 31,804 31,682 59,976 Douglas and Hillside TIF 294,002 322,280 475,000 Union Station TIF 368,338 802,384 818,432 Riverside TIF 76,831 86,721 88,460 ICT21 TIF 98,876 180,146 884,079 Gilbert and Mosley TIF 1,536,444 1,869,505 16,872,716 North Industrial Dist TIF 728,783 1,862,809 15,113,007 Totals 7,553,962 0.000 11,792,462 0.000 41,229,483 0 0.000 Revenue Neutral Rate** 0.000 Less: Transfers 4,802,600 6,977,839 8,141,454 Net Expenditure 2,751,362 4,814,623 33,088,029 Total Tax Levied 0 0 xxxxxxxxxx Assessed Valuation 0 0 0 Outstanding Indebtedness, January 1, 2024 2025 2026 G.O. Bonds 29,043,707 26,525,649 31,724,083 Revenue Bonds 0 0 0 Other 0 0 0 Lease Purchase Principal 0 0 0 Total 29,043,707 26,525,649 31,724,083 *Tax rates are expressed in mills ** Revenue Neutral Rate as defined by KSA 79-2988 City Clerk City Official Title: City Clerk