FINANCIAL

Financial Institutions Four banks and one credit union serve Abilene: 2007 Assets 2007 Deposits Pinnacle Bank not supplied not supplied UMB Bank 41,580,000 38,501,000 Solomon State Bank 146,213,000 126,357,000 Astra Bank 122,666,000 97,448,000 Great Plains Credit Union not supplied not supplied Taxes The sales tax rate in Abilene is 7.15 percent, including State, City and County taxes. The Abilene property tax mill levy rate, based upon an assessed 2008 valuation of $53,916,140 is: 2008 City 26.761 County 37.938 School 46.692 Other 6.201 Total 117.592

Bonded Debt Responsible government spending in Dickinson County has resulted in low general obligation bonded debt for Abilene taxpayers, which in 2008 was: City of Abilene Dickinson Co. Total 3,155,000 ,000 $3,155,000 Sample 2008 Tax Computations: (New Construction) Residential Market Value Assessment Rate Assessed Valuation Tax Levy Real Estate Tax $100,000 11.5% 11,500 x 117.592 $1,352.31 Commercial Market Value Assessment Rate Assessed Valuation Tax Levy Real Estate Tax $100,000 25% 25,000 x 117.592 $2,939.80 Industrial Market Value Assessment Rate Assessed Valuation Tax Levy Real Estate Tax $1,000,000 25% 250,000 x 117.592 $29,398.00

City of Abilene Home Page

City of Abilene
City Hall
419 North Broadway
Abilene, Kansas 67410
(785) 263-2355
E-Mail: Economic Development Council