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File #: 5702    Version: 0 Name: tentative tax levy
Type: Ordinance Status: Passed
File created: 11/22/2022 In control: Legislature As A Whole
On agenda: 11/28/2022 Final action: 1/30/2023
Title: AN ORDINANCE setting the 2023 Jackson County, Missouri tentative tax levy.
Sponsors: Charlie Franklin
Indexes: TAX LEVY 2023
Attachments: 1. 5702bu.pdf
Related files: 5571
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
AN ORDINANCE setting the 2023 Jackson County, Missouri tentative tax levy.

Intro
ORDINANCE NO. 5702, November 28, 2022

INTRODUCED BY Charlie Franklin, 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 2023 annual County budget would require the following tax levies on each hundred dollars of assessed valuation for the fiscal year 2023:

FUND
LEVY


General Fund
0.2485
Health Fund
0.2642
Park Fund
0.1330
Special Road & Bridge Fund
0.2471


TOTAL ALL FUNDS
$0.8911


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, section 67.500 defines "sales tax revenue collected" as the amount of sales tax revenue received by a county during the first six calendar months of any year multiplied by two, which is not to be confused with budgeted revenues; and,

WHEREAS, the tentative estimate of the sales tax revenues in 2023, after economic activity taxes are remitted, is $58,348,376.20; and,

WHEREAS, this tentative estimate is subject to revision based upon actual sales tax revenues during the first six months of 2023 and the permanent levy to be adopted in September 2023 will reflect actual sales t...

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