File #: 4586    Version: 0 Name: tentative tax levy
Type: Ordinance Status: Passed
File created: 11/18/2013 In control: Legislature As A Whole
On agenda: 11/18/2013 Final action: 12/9/2013
Title: AN ORDINANCE setting the 2014 Jackson County, Missouri tentative tax levy.
Sponsors: Scott Burnett
Indexes: TAX LEVY
Attachments: 1. 4586adopt

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title


AN ORDINANCE setting the 2014 Jackson County, Missouri tentative tax levy.



Intro
ORDINANCE NO. 4586, November 18, 2013

INTRODUCED BY Scott Burnett, 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 2014 annual County budget would require the following tax levies on each hundred dollars of assessed valuation for the fiscal year 2014:


FUND LEVY

General Fund $0.2635
Health Fund 0.2267
Park Fund 0.1412
Special Road & Bridge Fund 0.2000

TOTAL ALL FUNDS $0.8314


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 2014 is $39,625,000.00 and,

WHEREAS, this tentative estimate is subject to revision based upon actual sales tax revenues during the first six months of 2014 and the permanent levy to be adopted in September 2014 will reflect actual sales tax revenues during the first six months of 2014; therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that, based upon tentative estimates of the sales tax reve...

Click here for full text