County’s valuation rises by $10 million

Commissioners hope the increased valuation will allow them to lower the mill levy. However, the increased inflation will mean county departments may need to tighten their budgets.

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June 8, 2022 - 3:19 PM

Commissioner David Lee. Photo by Richard Luken / Iola Register

Allen County received a bit of good news before officials start sizing up next year’s budget.

County Clerk Sherrie Riebel told commissioners Tuesday the county’s assessed valuation projects to increase about $10 million this year to $153 million — perhaps the largest single-year increase in county history.

Higher property values would translate to a lower mill levy, provided commissioners keep their pledge to keep spending level in 2023.

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