File #: 4371    Version: 0 Name: 2012 - tentative tax levy.
Type: Ordinance Status: Passed
File created: 11/7/2011 In control: Budget Committee
On agenda: 11/7/2011 Final action: 12/7/2011
Title: AN ORDINANCE setting the 2012 Jackson County, Missouri tentative tax levy.
Sponsors: Scott Burnett
Indexes: TAX LEVY
Attachments: 1. 4371adopt.pdf
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI



Title
AN ORDINANCE setting the 2012 Jackson County, Missouri tentative tax levy.



Intro
ORDINANCE #4371, November 7, 2011

INTRODUCED BY Scott 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 2012 annual county budget would require the following tax levies on each hundred dollars of assessed valuation for the fiscal year 2012:


FUND LEVY

General Fund $0.2667
Health Fund 0.2280
Park Fund 0.1425
Special Road & Bridge Fund 0.2010

TOTAL ALL FUNDS $0.8382


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 2012 is $39,117,287.00 and,

WHEREAS, this tentative estimate is subject to revision based upon actual sales tax revenues during the first six months of 2012 and the permanent levy to be adopted in September 2012 will reflect actual sales tax revenues during the first six months of 2012; therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that, based upon tentative estimates of the sales tax revenues in 2012 and based...

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