File #: 2756    Version: 0 Name: JaCo, MO tentative tax levy for 1998.
Type: Ordinance Status: Passed
File created: 11/17/1997 In control: Legislature As A Whole
On agenda: Final action: 12/19/1997
Title: AN ORDINANCE setting the 1998 Jackson County, Missouri tentative tax levy.
Sponsors: John Patrick Burnett
Indexes: TAX LEVY
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI Title AN ORDINANCE setting the 1998 Jackson County, Missouri tentative tax levy. Intro ORDINANCE #2756, November 17, 1997 INTRODUCED BY John Patrick Burnett, County Legislator Body WHEREAS, Section 539.00 of the Jackson County Code requires the County Legislature to adopt a tentative tax levy sufficient to provide for appropriations in the county budget; and, WHEREAS, the 1998 annual county budget would require the following tax levies on each hundred dollars of assessed valuation for the fiscal year 1998: FUND LEVY General Fund $0.28 Health Fund 0.26 Park Fund 0.16 Special Road & Bridge Fund 0.24 TOTAL ALL FUNDS $0.94 and, WHEREAS, pursuant to authorization granted by Sections 67.500 through .545, RSMo 1994, the qualified voters in Jackson County on November 6, 1979, approved Jackson County Proposition #1 which imposed a county-wide sales tax on one-half of one percent and required that the total county property tax levy be reduced by 70% of the total amount of the sales tax revenues in the tax year; and, WHEREAS, Section 67.510, RSMo, requires that after the County has determined its budget, the total property tax levy must be reduced in an amount sufficient to decrease the total property taxes it will collect by an amount equal to 70% of the sales tax revenue in the same tax year; and, WHEREAS, the tentative estimate of the sales tax revenues to be collected in 1998 is $36,200,000.00; and, WHEREAS, this tentative estimate is subject to revision based upon actual sales tax revenues during the first six months of 1998 and the permanent levy to be adopted in September, 1998, will reflect actual sales tax revenues during the first six months of 1998; therefore, BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that based upon tentative estimates of the sales tax revenues in 1998 and based upon the appropriations in the 1998 annual county budget, the following amount on each one hundred dollars of assessed valuation be set as the Jackson County Tentative Tax Levy for the fiscal year 1998 on Real and Personal Property within Jackson County, Missouri: FUND LEVY General Fund $0.16 Health Fund 0.15 Park Fund 0.09 Special Road & Bridge Fund 0.14 TOTAL ALL FUNDS $0.54 Attorney Effective Date: This ordinance shall be effective immediately upon its signature by the County Executive. APPROVED AS TO FORM: ______________________ _________________________________ County Counselor I hereby certify that the attached Ordinance, Ordinance #2756 introduced on November 17, 1997 was duly passed on ________December 19______________, 1997 by the Jackson County Legislature. The votes thereon were as follows: Yeas ______9_________ Nays _______0______ Abstaining ____0_______ Absent _____0______ This Ordinance is hereby transmitted to the County Executive for her signature. ____________________ ___________________________________ Date Mary Jo Brogoto, Clerk of Legislature I hereby approve the attached Ordinance #2756. ___________________ ___________________________________ Date Katheryn J. Shields, County Executive