“There’s not much reason to oppose this other than you don’t like transparency,” Dave Trabert, president of the Wichita-based Flint Hills Center for Public Policy, claimed about a proposal to limit property valuation increases to 2 percent of year. Not true. The Proposition K proposal would simplify the valuation process and make property taxes more predictable, which would be nice. But it also could significantly benefit wealthier, growing neighborhoods while disadvantaging homeowners in poorer areas, because some neighborhoods and cities have much higher property appreciation rates than 2 percent. Over time, this proposed system could result in significant disparities and a disconnect from actual market values, thus likely violating the Kansas Constitution’s requirement of a “uniform and equal basis of valuation.”
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