According to the Constitution of Kansas, real property will be taxed by classification for ad valorem tax purposes. Following is a listing of these classifications and the percentages of market value or use value (for agricultural land):
Class Percentage of Assessment
R: Residential (homes, mobile 11.5% of market value, home apartments, condominium)
A: Agricultural Land (used 30% of use value for agricultural purposes)
A: Agricultural Improvements (25% of market value)
F: Residences on Farm (11.5% of market value home sites)
V: Vacant Lots (12% of market value)
O: Properties Not Listed as 30% of market value (commercial or residential)
C: Businesses or industry (25% of market value)
E: Property exempt from taxation 0%
U: State assessed utilities (33% of state appraised value)