IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE setting the 2020 Jackson County, Missouri tentative tax levy.
Intro
ORDINANCE NO. 5293, November 18, 2019
INTRODUCED BY Theresa Galvin, County Legislator
Body
WHEREAS, chapter 5, 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 proposed 2020 annual County budget would require the following tax levies on each hundred dollars of assessed valuation for the fiscal year 2020:
FUND LEVY
General Fund $0.2446
Health Fund 0.2616
Park Fund 0.1317
Special Road & Bridge Fund 0.2446
TOTAL ALL FUNDS $0.8825
and,
WHEREAS, pursuant to authorization granted by sections 67.500 through .545, RSMo, the qualified voters in Jackson County on November 6, 1979, approved Jackson County Proposition #1 which imposed a county-wide sales tax of 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 67.505, 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 in 2020, after economic activity taxes are paid, is $49,434,000.00; and,
WHEREAS, this tentative estimate is subject to revision based upon actual sales tax revenues during the first six months of 2020 and the permanent levy to be adopted in September 2020 will reflect actual sales tax revenues during the first six months of 2020; now therefore,
BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that, based upon tentative estimates of the sales tax revenues in 2020 and ...
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