KC Skyline

City Clerk Web Search

Search the Ordinances:

Legislation #: 031117 Introduction Date: 10/2/2003
Type: Ordinance Effective Date: 10/26/2003
Sponsor: None
Title: Amending Ordinance No. 030240 by repealing Section 1 and enacting in its place a new Section 1, reducing the tax levy rates for the general fund, health fund, and museum fund.

Legislation History
DateMinutesDescription
10/1/2003

Prepare to Introduce

10/2/2003

Referred Finance Committee

10/8/2003

Do Pass as a Committee Substitute

10/9/2003

Assigned to Third Read Calendar

10/16/2003

Passed as Substituted


View Attachments
FileTypeSizeDescription
No attachment(s) found

Printer Friendly Version

COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 031117

 

Amending Ordinance No. 030240 by repealing Section 1 and enacting in its place a new Section 1, reducing the tax levy rates for the general fund, health fund, and museum fund.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That Ordinance No. 030240 is hereby amended by repealing Section 1 and enacting a new Section 1 in its place to read as follows:

 

Section 1. That taxes for the Fiscal Year 2003-2004, commencing on the first day of May, 2003, in the total amount of one dollar thirty-one and fifty-nine hundredth cents ($1.3159) per hundred dollars, be and the same are hereby levied on all property within the jurisdiction of Kansas City, Missouri, subject to taxation on January 1, 2002, under the Constitution and laws of the State of Missouri, both real and tangible personal, subject to the provisions contained in Section 2 hereof, as follows, to-wit:

 

FIRST: A general tax of sixty-six and ninety-two hundredth cents ($.6692) on each hundred dollars of the assessed valuation of all such taxable property is levied and imposed for municipal operating purposes, to be credited to the General Fund.

 

SECOND: A general tax of forty-eight and seventy-two hundredth cents ($.4872) on each hundred dollars of assessed valuation of all such taxable property is levied and imposed for municipal operating expenses for hospitals and public health purposes, to be credited to the Health Levy Fund.

 

THIRD: The Council, pursuant to authority granted under Section 92.031, R.S.Mo. in the alternative, elects to and does hereby levy and impose a tax for debt service of fourteen and zero hundredth cents ($.1400) on each hundred dollars of assessed valuation of all such taxable property, which tax is necessary for the maintenance of the General Debt and Interest Fund for the redemption of the outstanding general obligation bonds of Kansas City maturing in the Fiscal Year 2003-2004 and for the payment of all interest becoming due and payable in the Fiscal Year 2003-2004, on the entire outstanding general obligation bond indebtedness of Kansas City, except indebtedness upon which the principal and interest are payable or budgeted for payment from the General Fund, Water Operating Fund, Sewer Fund, Sewer Special Assessment Fund, and the Street and Avenue Special Assessment Fund.

 

FOURTH: A general tax of one and ninety-five hundredth cents ($.0195) on each hundred dollars of the assessed valuation of all such taxable property for municipal museum purposes, to be credited to the Museum Special Revenue Fund.

 

_____________________________________________

 

Approved as to form and legality:

 

 

___________________________________

Heather A. Brown

Assistant City Attorney