File #: 2975    Version: 0 Name: JaCo tentative tax levy for 2000.
Type: Ordinance Status: Passed
File created: 11/15/1999 In control: Finance and Audit Committee
On agenda: Final action: 12/13/1999
Title: AN ORDINANCE setting the 2000 Jackson County, Missouri tentative tax levy.
Sponsors: Victor E. Callahan
Indexes: TAX LEVY
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
AN ORDINANCE setting the 2000 Jackson County, Missouri tentative tax levy.

Intro
ORDINANCE #2975, November 15, 1999

INTRODUCED BY Victor Callahan, 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 2000 annual county budget would require the following tax levies on each hundred dollars of assessed valuation for the fiscal year 2000:

FUND LEVY

General Fund $0.28
Health Fund 0.27
Park Fund 0.16
Special Road & Bridge Fund 0.24

TOTAL ALL FUNDS $0.95

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 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 67.505, 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 2000 is $37,920,000.00; and,

WHEREAS, this tentative estimate is subject to revision based upon actual sales tax revenues during the first six months of 2000 and the permanent levy to be adopted in September, 2000, will reflect actual sales tax revenues during the first six months of 2000; therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that based upon tentative estimates of the sales tax revenues in 2000 and based upon the ap...

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