Board of Aldermen Increase Property Tax by $140,000
by Greg Walters In a rare early Friday evening meeting the Raytown Board of Aldermen increased the city’s property tax by $140,000. The increased tax will be paid by all property (homes, businesses) within the city limits, as well as all personal property (automobiles, recreational vehicles). The move by the Board was in response to recent devaluation of real property by the Jackson County Property Assessment Department. According to City Finance Director Jeremy Wilmoth the tax per $100 per valuation would increase as follows if the Board approved the bill before them. CITY PROPERTY TAX RATE Old Tax Rate = .3189 New Rate approved by Board of Aldermen = .3668 PARK PROPERTY TAX RATE Old Tax Rate = .1539 New Rate approved by Board of Aldermen = .1832 The increase was approved by a vote of 7 Yes, 2 no and 1 absent: VOTING IN FAVOR OF THE TAX INCREASE: Joe Creamer, Shane Pardue, Pat Ertz, Jim Aziere, Christine White, Charlotte Melson, Jim Hamilton VOTING AGAINST THE TAX INCREASE: ...