County commission to fix rate of tax, when, exceptions--public hearingto be held, when, notice, effect.
137.055. 1. After the assessor's book of each county, except in anycity not within a county or any county with a charter form of government,shall be corrected and adjusted according to law, but not later thanSeptember twentieth, of each year, the county governing body shallascertain the sum necessary to be raised for county purposes, and fix therate of taxes on the several subjects of taxation so as to raise therequired sum, and the same to be entered in the proper columns in the taxbook. Any city not within a county and any county with a charter form ofgovernment shall set the tax rate by October first of each year for eachcalendar year after December 31, 2008.
2. Prior to fixing the rate of taxes, as provided in this section,the county governing body shall hold a public hearing on the proposed rateof taxes at which citizens shall be heard. A notice stating the time andplace for the hearing shall be published in at least one newspaperqualified under the laws of Missouri of general circulation in the countyat least seven days prior to the date of the hearing. The notice shallinclude the aggregate assessed valuation by category of real, totalpersonal and other tangible property in the county as entered in the taxbook for the fiscal year for which the tax is to be levied, the aggregateassessed valuation by category of real, total personal and other tangibleproperty in the county for the preceding taxable year, the required sums tobe raised from the property tax for each purpose for which the countylevies taxes as approved in the budget adopted under chapter 50, RSMo, theproposed rate of taxes which will produce substantially the same revenuesas required by the budget, and the increase in tax revenue realized due toan increase in assessed value as a result of new construction andimprovement, and the increase, both in dollar value and percentage, in taxrevenue as a result of reassessment if the proposed tax rate is adopted.Failure of any taxpayer to appear at said hearing shall not prevent thetaxpayer from pursuit of any other legal remedy otherwise available to thetaxpayer. Nothing in this subsection absolves county governing bodies ofresponsibilities under section 137.073 nor to adjust tax rates in eventchanges in assessed valuation occur that would alter the tax ratecalculations.
County commission to fix rate of tax, when, exceptions--public hearingto be held, when, notice, effect.
137.055. 1. After the assessor's book of each county, except in anycity not within a county or any county with a charter form of government,shall be corrected and adjusted according to law, but not later thanSeptember twentieth, of each year, the county governing body shallascertain the sum necessary to be raised for county purposes, and fix therate of taxes on the several subjects of taxation so as to raise therequired sum, and the same to be entered in the proper columns in the taxbook. Any city not within a county and any county with a charter form ofgovernment shall set the tax rate by October first of each year for eachcalendar year after December 31, 2008.
2. Prior to fixing the rate of taxes, as provided in this section,the county governing body shall hold a public hearing on the proposed rateof taxes at which citizens shall be heard. A notice stating the time andplace for the hearing shall be published in at least one newspaperqualified under the laws of Missouri of general circulation in the countyat least seven days prior to the date of the hearing. The notice shallinclude the aggregate assessed valuation by category of real, totalpersonal and other tangible property in the county as entered in the taxbook for the fiscal year for which the tax is to be levied, the aggregateassessed valuation by category of real, total personal and other tangibleproperty in the county for the preceding taxable year, the required sums tobe raised from the property tax for each purpose for which the countylevies taxes as approved in the budget adopted under chapter 50, RSMo, theproposed rate of taxes which will produce substantially the same revenuesas required by the budget, and the increase in tax revenue realized due toan increase in assessed value as a result of new construction andimprovement, and the increase, both in dollar value and percentage, in taxrevenue as a result of reassessment if the proposed tax rate is adopted.Failure of any taxpayer to appear at said hearing shall not prevent thetaxpayer from pursuit of any other legal remedy otherwise available to thetaxpayer. Nothing in this subsection absolves county governing bodies ofresponsibilities under section 137.073 nor to adjust tax rates in eventchanges in assessed valuation occur that would alter the tax ratecalculations.
County commission to fix rate of tax, when, exceptions--public hearingto be held, when, notice, effect.
137.055. 1. After the assessor's book of each county, except in anycity not within a county or any county with a charter form of government,shall be corrected and adjusted according to law, but not later thanSeptember twentieth, of each year, the county governing body shallascertain the sum necessary to be raised for county purposes, and fix therate of taxes on the several subjects of taxation so as to raise therequired sum, and the same to be entered in the proper columns in the taxbook. Any city not within a county and any county with a charter form ofgovernment shall set the tax rate by October first of each year for eachcalendar year after December 31, 2008.
2. Prior to fixing the rate of taxes, as provided in this section,the county governing body shall hold a public hearing on the proposed rateof taxes at which citizens shall be heard. A notice stating the time andplace for the hearing shall be published in at least one newspaperqualified under the laws of Missouri of general circulation in the countyat least seven days prior to the date of the hearing. The notice shallinclude the aggregate assessed valuation by category of real, totalpersonal and other tangible property in the county as entered in the taxbook for the fiscal year for which the tax is to be levied, the aggregateassessed valuation by category of real, total personal and other tangibleproperty in the county for the preceding taxable year, the required sums tobe raised from the property tax for each purpose for which the countylevies taxes as approved in the budget adopted under chapter 50, RSMo, theproposed rate of taxes which will produce substantially the same revenuesas required by the budget, and the increase in tax revenue realized due toan increase in assessed value as a result of new construction andimprovement, and the increase, both in dollar value and percentage, in taxrevenue as a result of reassessment if the proposed tax rate is adopted.Failure of any taxpayer to appear at said hearing shall not prevent thetaxpayer from pursuit of any other legal remedy otherwise available to thetaxpayer. Nothing in this subsection absolves county governing bodies ofresponsibilities under section 137.073 nor to adjust tax rates in eventchanges in assessed valuation occur that would alter the tax ratecalculations.
