File #: 2850    Version: 0 Name: 1998 JaCoMo tax levy
Type: Ordinance Status: Passed
File created: 9/8/1998 In control: Finance and Audit Committee
On agenda: Final action: 9/15/1998
Title: AN ORDINANCE setting the 1998 Jackson County, Missouri, tax levy.
Sponsors: Victor E. Callahan
Indexes: TAX LEVY
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
AN ORDINANCE setting the 1998 Jackson County, Missouri, tax levy.

Intro
ORDINANCE # 2850, September 8, 1998

INTRODUCED BY Victor E. Callahan, County Legislator


Body
WHEREAS, chapter 5, section 540.00 of the Jackson County Code, 1984 requires the County Legislature to adopt a tax levy sufficient to provide for appropriations in the County budget; and,

WHEREAS, sections 137.073 and 137.115, RSMo 1994, and Missouri Constitution, article X section 22, require political subdivisions, including counties, to revise their tax levies as a result of general reassessment; and,

WHEREAS, the 1998 annual County budget would require the following tax levies on each one hundred dollars of assessed valuation for the fiscal year 1998 after calculation of the levy revision mandated by sections 137.073 and 137.115 and the Missouri Constitution:
LEVY
General $0.280
Health $0.260
Park $0.160
Special Road and Bridge $0.240

TOTAL $0.940
and,
WHEREAS, pursuant to authorization granted in sections 67.500 et seq., RSMo 1994, the qualified voters in Jackson County on November 6, 1979, approved Jackson County Proposition #1 which provided for a county-wide sales tax of one-half cent and a corresponding reduction of the County's total property tax levy annually by seventy percent of the total amount of sales tax revenue in the same tax year; and,

WHEREAS, section 67.505, RSMo, requires that after a 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, this estimate is subject to revisions based upon actual sales tax revenues during the calendar year of 1998, and the permanent levy adopted in September 1999, will reflect an adjustment based on actual sales tax revenues durin...

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