File #: 4892    Version: 0 Name: Jackson County 2016 Tax Levy
Type: Ordinance Status: Passed
File created: 9/15/2016 In control: Finance and Audit Committee
On agenda: 9/19/2016 Final action: 9/26/2016
Title: AN ORDINANCE setting the 2016 Jackson County, Missouri, tax levy.
Sponsors: Dennis Waits
Indexes: TAX LEVY
Attachments: 1. 4892adopt
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title
AN ORDINANCE setting the 2016 Jackson County, Missouri, tax levy.


Intro
ORDINANCE NO. 4892, September 19, 2016

INTRODUCED BY Dennis Waits, County Legislator


WHEREAS, section 540.00 of the Jackson County Code, 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, 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 2016 annual County budget would require the following tax levies on each one hundred dollars of assessed valuation for the fiscal year 2016 after calculation of the levy revision mandated by sections 137.073 and 137.115 and the Missouri Constitution:
LEVY
General $0.2678
Health $0.2289
Park $0.1431
Special Road and Bridge $0.2019

TOTAL $0.8417


and,
WHEREAS, pursuant to authorization granted in sections 67.500 et seq., RSMo, 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 2016, and the permanent levy adopted in September 2017 will reflect an adjustment based on actual sales tax revenues during the calend...

Click here for full text