FINANCIAL

Financial Institutions Four banks and one credit union serve Abilene: 2001 Assets 2001 Deposits First National Bank $91,689,000 $82,470,000 UMB Bank 35,976,000 30,496,000 Solomon State Bank * 87,302,000 78,423,000 Community Bank* 50,600,000 38,100,000 Great Plains Credit Union 11,131,000 9,400,000 * Includes Branches Taxes The sales tax rate in Abilene is 7.05 percent, including State, City and County taxes. The Abilene property tax mill levy rate, based upon an assessed 2005 valuation of $37,237,433 is: 2006 City 33.025 County 40.190 School 41.592 Other 8.72 Total 123.529

Bonded Debt Responsible government spending in Dickinson County has resulted in low general obligation bonded debt for Abilene taxpayers, which in 2006 was: City of Abilene USD #435 Dickinson Co. Total $3,635,000 $3,253850 $205,000 $,7093,850 Sample 2001 Tax Computations: (New Construction) Residential Market Value Assessment Rate Assessed Valuation Tax Levy Real Estate Tax $100,000 11.5% 11,500 x 117.816 $1,354.90 Commercial Market Value Assessment Rate Assessed Valuation Tax Levy Real Estate Tax $100,000 25% 25,000 x 117.816 $2,945.40 Industrial Market Value Assessment Rate Assessed Valuation Tax Levy Real Estate Tax $1,000,000 25% 250,000 x 117.816 $29,454.00

City of Abilene Home Page

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