File #: 4172    Version: 0 Name: setting the 2010 tentative tax levy
Type: Ordinance Status: Passed
File created: 11/16/2009 In control: Legislature As A Whole
On agenda: 11/16/2009 Final action: 12/7/2009
Title: AN ORDINANCE setting the 2010 Jackson County, Missouri tentative tax levy.
Sponsors: Henry C. Rizzo
Indexes: TAX LEVY
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI





Title
AN ORDINANCE setting the 2010 Jackson County, Missouri tentative tax levy.


Intro
ORDINANCE #4172, November 16, 2009

INTRODUCED BY Henry C. Rizzo, 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 2010 annual county budget would require the following tax levies on each hundred dollars of assessed valuation for the fiscal year 2010:

FUND LEVY

General Fund $0.2616
Health Fund 0.2240
Park Fund 0.1399
Special Road & Bridge Fund 0.1975

TOTAL ALL FUNDS $0.8230

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 to be collected in 2010 is $37,604,376.00 and,

WHEREAS, this tentative estimate is subject to revision based upon actual sales tax revenues during the first six months of 2010 and the permanent levy to be adopted in September 2010 will reflect actual sales tax revenues during the first six months of 2010; therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that, based upon tentative estimates of the sales tax revenues in 2010 and based upon...

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