Projected tax liability, assessor to provide clerk with assessmentbook--abstract required--political subdivisions to informallyproject a nonbinding tax levy, procedure.
137.243. 1. To determine the "projected tax liability" required bysubsections 2 and 3 of section 137.180, subsection 2 of section 137.355,and subsection 2 of section 137.490, the assessor, on or before March firstof each tax year, shall provide the clerk with the assessment book whichfor this purpose shall contain the real estate values for that year, theprior year's state assessed values, and the prior year's personal propertyvalues. On or before March fifteenth, the clerk shall make out an abstractof the assessment book showing the aggregate amounts of different kinds ofreal, personal, and other tangible property and the valuations of each foreach political subdivision in the county, or in the city for any city notwithin a county, entitled to levy ad valorem taxes on property except formunicipalities maintaining their own tax or assessment books. Thegoverning body of each political subdivision or a person designated by thegoverning body shall use such information to informally project anonbinding tax levy for that year and return such projected tax levy to theclerk no later than April eighth. The clerk shall forward such informationto the collector who shall then calculate and, no later than Aprilthirtieth, provide to the assessor the projected tax liability for eachreal estate parcel for which the assessor intends to mail a notice ofincrease pursuant to sections 137.180, 137.355, and 137.490.
2. Political subdivisions located at least partially within two ormore counties, which are subject to divergent time requirements, shallcomply with all requirements applicable to each such county and may utilizethe most recent available information to satisfy such requirements.
3. Failure by an assessor to timely provide the assessment book ornotice of increased assessed value, as provided in this section, may resultin the state tax commission withholding all or a part of the moneysprovided under section 137.720 and all state per-parcel reimbursement fundswhich would otherwise be made available to such assessor.
4. Failure by a political subdivision to provide the clerk with aprojected tax levy in the time prescribed under this section shall resultin a twenty percent reduction in such political subdivision's tax rate forthe tax year, unless such failure is a direct result of a delinquency inthe provision of, or failure to provide, information required by thissection by the assessor or the clerk. If a political subdivision fails toprovide the projected tax rate as provided in this section, the clerk shallnotify the state auditor who shall, within seven days of receiving suchnotice, estimate a nonbinding tax levy for such political subdivision andreturn such to the clerk. The clerk shall notify the state auditor of anyapplicable reduction to a political subdivision's tax rate.
5. Any taxing district wholly within a county with a township form ofgovernment may, through a request submitted by the county clerk, requestthat the state auditor's office estimate a nonbinding projected tax ratebased on the information provided by the county clerk. The auditor'soffice shall return the projected tax rate to the county clerk no laterthan April eighth.
6. The clerk shall deliver the abstract of the assessment book toeach taxing district with a notice stating that their projected tax ratesbe returned to the clerk by April eighth.
Projected tax liability, assessor to provide clerk with assessmentbook--abstract required--political subdivisions to informallyproject a nonbinding tax levy, procedure.
137.243. 1. To determine the "projected tax liability" required bysubsections 2 and 3 of section 137.180, subsection 2 of section 137.355,and subsection 2 of section 137.490, the assessor, on or before March firstof each tax year, shall provide the clerk with the assessment book whichfor this purpose shall contain the real estate values for that year, theprior year's state assessed values, and the prior year's personal propertyvalues. On or before March fifteenth, the clerk shall make out an abstractof the assessment book showing the aggregate amounts of different kinds ofreal, personal, and other tangible property and the valuations of each foreach political subdivision in the county, or in the city for any city notwithin a county, entitled to levy ad valorem taxes on property except formunicipalities maintaining their own tax or assessment books. Thegoverning body of each political subdivision or a person designated by thegoverning body shall use such information to informally project anonbinding tax levy for that year and return such projected tax levy to theclerk no later than April eighth. The clerk shall forward such informationto the collector who shall then calculate and, no later than Aprilthirtieth, provide to the assessor the projected tax liability for eachreal estate parcel for which the assessor intends to mail a notice ofincrease pursuant to sections 137.180, 137.355, and 137.490.
2. Political subdivisions located at least partially within two ormore counties, which are subject to divergent time requirements, shallcomply with all requirements applicable to each such county and may utilizethe most recent available information to satisfy such requirements.
3. Failure by an assessor to timely provide the assessment book ornotice of increased assessed value, as provided in this section, may resultin the state tax commission withholding all or a part of the moneysprovided under section 137.720 and all state per-parcel reimbursement fundswhich would otherwise be made available to such assessor.
4. Failure by a political subdivision to provide the clerk with aprojected tax levy in the time prescribed under this section shall resultin a twenty percent reduction in such political subdivision's tax rate forthe tax year, unless such failure is a direct result of a delinquency inthe provision of, or failure to provide, information required by thissection by the assessor or the clerk. If a political subdivision fails toprovide the projected tax rate as provided in this section, the clerk shallnotify the state auditor who shall, within seven days of receiving suchnotice, estimate a nonbinding tax levy for such political subdivision andreturn such to the clerk. The clerk shall notify the state auditor of anyapplicable reduction to a political subdivision's tax rate.
5. Any taxing district wholly within a county with a township form ofgovernment may, through a request submitted by the county clerk, requestthat the state auditor's office estimate a nonbinding projected tax ratebased on the information provided by the county clerk. The auditor'soffice shall return the projected tax rate to the county clerk no laterthan April eighth.
6. The clerk shall deliver the abstract of the assessment book toeach taxing district with a notice stating that their projected tax ratesbe returned to the clerk by April eighth.
Projected tax liability, assessor to provide clerk with assessmentbook--abstract required--political subdivisions to informallyproject a nonbinding tax levy, procedure.
137.243. 1. To determine the "projected tax liability" required bysubsections 2 and 3 of section 137.180, subsection 2 of section 137.355,and subsection 2 of section 137.490, the assessor, on or before March firstof each tax year, shall provide the clerk with the assessment book whichfor this purpose shall contain the real estate values for that year, theprior year's state assessed values, and the prior year's personal propertyvalues. On or before March fifteenth, the clerk shall make out an abstractof the assessment book showing the aggregate amounts of different kinds ofreal, personal, and other tangible property and the valuations of each foreach political subdivision in the county, or in the city for any city notwithin a county, entitled to levy ad valorem taxes on property except formunicipalities maintaining their own tax or assessment books. Thegoverning body of each political subdivision or a person designated by thegoverning body shall use such information to informally project anonbinding tax levy for that year and return such projected tax levy to theclerk no later than April eighth. The clerk shall forward such informationto the collector who shall then calculate and, no later than Aprilthirtieth, provide to the assessor the projected tax liability for eachreal estate parcel for which the assessor intends to mail a notice ofincrease pursuant to sections 137.180, 137.355, and 137.490.
2. Political subdivisions located at least partially within two ormore counties, which are subject to divergent time requirements, shallcomply with all requirements applicable to each such county and may utilizethe most recent available information to satisfy such requirements.
3. Failure by an assessor to timely provide the assessment book ornotice of increased assessed value, as provided in this section, may resultin the state tax commission withholding all or a part of the moneysprovided under section 137.720 and all state per-parcel reimbursement fundswhich would otherwise be made available to such assessor.
4. Failure by a political subdivision to provide the clerk with aprojected tax levy in the time prescribed under this section shall resultin a twenty percent reduction in such political subdivision's tax rate forthe tax year, unless such failure is a direct result of a delinquency inthe provision of, or failure to provide, information required by thissection by the assessor or the clerk. If a political subdivision fails toprovide the projected tax rate as provided in this section, the clerk shallnotify the state auditor who shall, within seven days of receiving suchnotice, estimate a nonbinding tax levy for such political subdivision andreturn such to the clerk. The clerk shall notify the state auditor of anyapplicable reduction to a political subdivision's tax rate.
5. Any taxing district wholly within a county with a township form ofgovernment may, through a request submitted by the county clerk, requestthat the state auditor's office estimate a nonbinding projected tax ratebased on the information provided by the county clerk. The auditor'soffice shall return the projected tax rate to the county clerk no laterthan April eighth.
6. The clerk shall deliver the abstract of the assessment book toeach taxing district with a notice stating that their projected tax ratesbe returned to the clerk by April eighth.
