File #: 5814    Version: 0 Name: Tentative Tax Levy
Type: Ordinance Status: Passed
File created: 11/16/2023 In control: Legislature As A Whole
On agenda: 11/27/2023 Final action: 12/6/2023
Title: AN ORDINANCE setting the 2024 Jackson County, Missouri tentative tax levy.
Sponsors: Manuel Abarca IV
Indexes: TAX LEVY 2024
Attachments: 1. 5814bu.pdf, 2. 5814adopted.pdf
Related files: 5702

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

Title

AN ORDINANCE setting the 2024 Jackson County, Missouri tentative tax levy.

 

Intro

ORDINANCE NO. 5814, November 27, 2023

 

INTRODUCED BY Manuel Abarca IV, 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 2024 annual County budget would require the following tax levies on each hundred dollars of assessed valuation for the fiscal year 2024:

 

FUND

LEVY

 

 

General Fund

0.2127

Health Fund

0.2261

Park Fund

0.1138

Special Road & Bridge Fund

0.2115

 

 

TOTAL ALL FUNDS

$0.7641

 

 

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 2024, after economic activity taxes are remitted and prior year sales tax adjustment, is $64,126,551.78; and,

 

WHEREAS, this tentative estimate is subject to revision based upon actual sales tax revenues during the first six months of 2024 and the permanent levy to be adopted in September 2024 will reflect actual sales tax revenues during the first six months of 2024; now therefore,

 

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that, based upon tentative estimates of the sales tax revenues in 2024 and based upon the appropriations in the 2024 annual County budget, the following amounts on each one hundred dollars of assessed valuation be set as the Jackson County tentative tax levy for the fiscal year 2024 on real and personal property within Jackson County, Missouri:

 

FUND

LEVY

 

 

General Fund

0.2083

Health Fund

0.1421

Park Fund

0.0949

Special Road & Bridge Fund

0.0635

 

 

TOTAL ALL FUNDS

$0.5088

 

 

 

Enacted and Approved

Effective Date: This ordinance shall be effective immediately upon its signature by the County Executive.

 

APPROVED AS TO FORM:

 

 

 

____________________________                                           

County Counselor

 

 

                     I hereby certify that the attached ordinance, Ordinance No. 5814 introduced on November 27, 2023, was duly passed on December 6, 2023 by the Jackson County Legislature. The votes thereon were as follows:

 

 

                     Yeas ______8_________                                                               Nays _____0________

 

 

                     Abstaining _____0______                                                               Absent ____1________

 

 

 

This Ordinance is hereby transmitted to the County Executive for his signature.

 

 

 

 

____________________                                                                                     ________________________________

Date                                                                                                                                        Mary Jo Spino, Clerk of Legislature

 

 

I hereby approve the attached Ordinance No. 5814.

 

 

 

___________________                                                                                      ________________________________

Date                                                                                                                                      Frank White, Jr., County Executive