Title
An Ordinance setting the Tax Levy for the year 2023 for the City of Lee’s Summit, Jackson and Cass Counties, Missouri, and containing an emergency clause.
Body
Key Issues:
Consideration and setting of the tax levies for the General Fund; Parks and Recreation Fund; and, the Debt Service Fund for the City of Lee's Summit, for the 2023 Calendar Year (Fiscal Year 2023-24).
Proposed City Council Motion:
I move for second reading of an Ordinance setting the tax levy for the year 2023 for the City of Lee’s Summit, Jackson and Cass Counties, Missouri.
Background:
Each year, the City Council must set the tax levies to be applied to property within the City limits for the General Fund, the Parks and Recreation Fund, and the Debt Service Fund. The Cass County Assessor and the Jackson County Assessor provide the assessed values for all the property located within the City limits.
State statutes require the City Council to set the tax levies by October 1 of each year. Once the tax levies are set, the levies are forwarded to the State Auditor's Office for review and certification by the Auditor. After certification by the State Auditor, the tax levies are forwarded to the County Clerks of Cass and Jackson Counties, who certify the levies. Once the tax levies are certified by the respective County Clerks, the levy rate is applied to the properties within the City limits, and the resulting amounts are forwarded by the respective County Clerk to the County Collector's Office of Cass and Jackson County, for the collection of the taxes from the property owners.
Presenter
Bette Wordelman, Finance Director
Recommendation
Staff recommends approval.