Are you aware your Raymore City Council is planning on increasing your property taxes? This notice was just released. Ive not seen any other public notice. I suppose they believe if there is no publicity, this tax increase can pass under the cover of business as usual. Ive been told this increase is the product of Councilman Ryan Westcoats committee. Lets remember Westcoats Tax and Spend policy if/when he runs again for the council. raymore/ArchiveCenter/ViewFile/Item/2171 ------------------- NOTICE OF PUBLIC HEARING CITY OF RAYMORE, MISSOURI 2014 TAX LEVY A public hearing will be held by the Raymore City Council at 7:00 p.m., Monday, August 11, 2014 in the Council Room at the Raymore City Hall, 100 Municipal Circle. The purpose of this hearing is to set the City of Raymore 2014 tax levy for the fiscal year beginning November 1, 2014 and ending October 31, 2015. The tax rates are set to produce the revenues which the budget for fiscal year 2014 - 2015 shows to be required from the property tax based upon assessment data available as of this date. The rates listed here are based upon the best information available to city administration at this time, but may differ from the rates presented to Council at the hearing. These rates are subject to revision as assessment data changes or levies being calculated by the Missouri State Auditor differ. Final assessment data and levies being calculated will be available no later than Friday, August 8, 2014 prior to the levy hearing. Assessed Valuation Prior Tax Year Current Tax Year (By Category) 2013 2014 Real Estate $222,128,375 $219,507,260 Real Estate–Local Utilities 107,519 106,250 Real Estate–State Utilities 5,594,452 5,528,437 Personal Property $ 40,933,507 $ 42,775,515 Personal Property–Local Utilities 106 111 Personal Property–State Utilities 627,915 656,171 New Construction and Improvements (6,973,210)* Total Valuation $269,391,874 $275,546,955 *using prior year but anticipating higher due to commercial construction Proposed Tax Rates Fund Tax Rate 2013/14 Proposed Tax Rate 2014/15 (per $100 assessed) (per $100 assessed) Revenue Generated General Fund .4647 .4876 $1,309,566 Park Fund .1251 .1313 $ 352,637 Debt Service .7170 .7170 $1,925,674 Total Tax Rate 1.3068 1.3359 $3,509,722 The effect of the proposed 2014 rate on a home with a value of $200,000, assuming that the home retains the same valuation as the year before, is an increase of $11.06.
Posted on: Wed, 23 Jul 2014 18:47:39 +0000
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