The board of directors of the Metropolitan Topeka Airport Authority on Tuesday afternoon approved a 2018 budget anticipated to reduce the MTAA’s annual property tax levy by 9 cents for the owner of a $100,000 home.
Board president Neil Dobler credited the MTAA’s staff with putting the board members in a position where they could lower the levy slightly. He gave kudos in particular to Eric Johnson, president/director of airports, and Cheryl Trobaugh, director of administration/finance.
“You guys squeeze more out of a buck than any government in this county,” Dobler said.
The MTAA operates Philip Billard Municipal Airport and Topeka Regional Airport and Business Center. Its volunteer board consists of two members appointed by the Shawnee County Commission and three appointed by Topeka’s mayor and confirmed by the city council.
MTAA board members Dobler, Mike Wilson, Tom Moses and Lisa Stubbs voted 4-0 Tuesday, with member Tom Wright being absent, to approve a budget containing spending limits aimed at lowering the tax levy that supports the MTAA to 2.052 mills next year compared to 2.06 mills this year.
That move is anticipated to decrease from $23.69 to $23.60 the property tax amount assessed annually to the owner of a $100,000 home to support the MTAA.
The approved budget calls for property tax revenue to cover $3,335,400 of the MTAA’s expense total of $7,039,660, with the rest coming from airport revenues.
Tuesday’s vote came after board members held a brief public hearing on the budget. No one spoke at that hearing.
The anticipated tax levy is based on an estimate of the county’s property values. Final propertly values will become available late this year.
The MTAA levy is part of a total property tax bill that includes levies for other government entities, including Shawnee County, the city of Topeka, Washburn University, public school districts and local transit and library boards.
The board of directors of the Topeka and Shawnee County Public Library last week approved a 2018 budget expected to keep the property tax levy assessed to support the library at its 2017 level of 9.781 mills, said Sheryl Weller, the library’s chief financial officer.
Contact reporter Tim Hrenchir at (785) 295-1184 or @timhrenchir on Twitter.