WICHITA, Kan. (KWCH) – Leaders from the city of Wichita and Sedgwick County met to discuss fire department consolidation and concerns over a property tax relief bill during a joint meeting on Tuesday.
The governing bodies hold the meetings, called en bancs, a few times a year to address important community issues.
Property tax bill raises bond concerns
A bill that would allow taxpayers to petition if property valuation increases go above 3% was a key topic. The cap would affect the city and county’s contracts with municipal bonds.
Municipal bonds are how both the city and county pay their debt. Under the bill, they could be forced to break these contracts, which would cause people to pay more in bond interest…