File #: 2502    Version: 0 Name: JaCo tentative tax levy
Type: Ordinance Status: Passed
File created: 1/2/1996 In control: Finance and Audit Committee
On agenda: Final action: 1/16/1996
Title: AN ORDINANCE setting the 1996 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 1996 Jackson County, Missouri tentative tax levy.

Intro
ORDINANCE #2502 , January 2, 1996

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 1996 annual county budget would require the following tax levies on each hundred dollars of assessed valuation for the fiscal year 1996:

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 revenues collected 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 collected in the tax year; and,

WHEREAS, the tentative estimate of the sales tax revenues to be collected in 1996 is $33,992,330.00; and,

WHEREAS, this tentative estimate is subject to revision based upon actual sales tax revenue collected during the first six months of 1996 and the permanent levy to be adopted in September, 1996, will reflect actual sales tax revenues collected during the first six months of 1996; therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that based upon tentative estimates of the sales tax revenue...

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