The assessed valuation for Washington County for 1998 was$45,208,300. The county tax levy average for 1998 was 121.231.
The sales tax rate for the State of Kansas is 4.9 percent, plus acounty sales tax of 1 percent for a total sales tax in WashingtonCounty of 5.9 percent.
In Washington County, manufacturing companies are exempt from salestax on new or expanded buildings, manufacturing machinery andequipment due to the countywide enterprise zone, if the required jobsare created.
Employer contribution rates in Kansas for unemployment insurancerange from 5.5 percent to 6.4 percent on the first $8,000 in wagespaid annually to an employee. New legislation will affect this.Subject to eligibility, there is a one-week waiting period prior to aperson's receiving any unemployment benefits. The maximum benefit is$255 per week, and the minimum benefit is $63.
Premiums for workers' compensation insurance in Kansas are determinedby applying the rate for a specific occupation, per $100 payroll, tothe annual wage per employee. Businesses can obtain workers'compensation insurance from private insurance companies or, uponapplication, by becoming self-insured, or become a member of a groupfunded workers compensation insurance pool. The current maximumweekly benefit is 75 percent of the state average weekly wage for aspecific occupation. Workers' compensation benefits cannot exceed$326 per week.
Incentives ~ Enterprise Zone
The State of Kansas grants income tax credits to encourageconstruction and expansion of businesses.
Qualifying manufacturing industries in Washington County creating atleast two new jobs may claim an income tax credit of $2,500 for eachnet new employee hired, plus $1,000 for each $100,000 of qualifiedcapital investment.
The Neighborhood Revitalization Plan in Washington County allows fora property tax rebate on new construction or major renovation if theassessed valuation is increased by $5,000. The rebate of the propertytax is 90% for 3-years, 80% the fourth, 70% the fifth, decreasing by10% annually over the 10-year plan
Sales tax exemption is offered to manufacturing businesses thatcreate at least two net new jobs, and to all other non-manufacturingbusinesses, except retail, that create at least five net newjobs.
Industries manufacturing articles of commerce, conducting researchand development, or storing goods or commodities, which are sold ortraded in interstate commerce, could be eligible for an approximate50 percent ad valorem tax abatement over the first 10 years.
Free land at two industrial sites is an added incentive.
Inventory tax exemptions for manufacturers' inventories is allowed byconstitutional amendment.
KPL Gas Service offers a five-year Business Incentive Plan ofsignificant discounts to new industrial or commercial customers withspecific load requirements.
Qualifying companies are eligible for the abatement of the annualsolid waste tax assessment for 3 years in WashingtonCounty.