With 2016 budgets set, what is going to cost you more now?

Now that state and local governments know what their budgets for 2016 will look like, we have a clearer picture of what is going to cost more. Here’s a look at where a few pennies or dollars may start showing up in your expenses.


Energy

A $78 million annual increase proposed by Westar Energy is still under consideration by the Kansas Corporation Commission, said Westar spokeswoman Gina Penzig. The KCC has until Oct. 28 to make a decision on the matter. If approved, the increase will result in a $5 to $7 monthly increase per household, on average, Penzig said. If approved, the new rates will become effective Nov. 1.


Water/sewage

Average households using 4,000 gallons of water a month will see a monthly rate increase of $3.64 on their bill, said City of Lawrence finance director Bryan Kidney. The monthly increase equates to $43.68 a year.


Property taxes

Combined property taxes for 2015 levied a total of 129.736 mills among the City of Lawrence (31.474), Douglas County (41.01), the state of Kansas (1.5) and the Lawrence School District (55.752), Kidney said. Taxes are assessed on 11.5 percent of a home’s assessed property value and each mill is equivalent to $1 for every thousand dollars of that value. For 2016 the school district raised its mill levy by 1.602 mills. All other mill levies remained constant. A home worth $150,000 would be responsible for $27.63 more each year for the increase, which will begin in November. A home worth $200,000 will pay an additional $36.84.


Sales tax

Kansas sales tax was raised by .15 percent, effective July 1, Kidney said. Both the City of Lawrence and Douglas County kept local sales tax rates constant, he said. After the increase the current sales tax rate is 9.05 percent. To put the increase in perspective, if you spend $100 per week on groceries, you’ll spend an extra $7.80 for the year on sales taxes for those purchases. Or, if you’re thinking bigger, you’ll spend an extra $30 on a new $20,000 car.