ORDINANCE
NO. 180135
Levying taxes for Fiscal Year
2018-19 for the General Revenue, Health Levy, General Debt and Interest, and
Museum Special Revenue Funds on all property in Kansas City subject to taxation
on January 1, 2018; providing for the extension of such levies by the Director
of Finance; and authorizing the collection by the Director of Finance.
BE IT ORDAINED BY THE COUNCIL OF
KANSAS CITY:
Section 1. That
taxes for Fiscal Year 2018-19, commencing on the first day of May, 2018, in the
total amount of one dollar sixty-five and sixty-eight hundredth cents ($1.6568)
per hundred dollars, shall be and are levied on all property within the City subject
to taxation on January 1, 2018, under the Constitution and laws of the State of
Missouri, both real and tangible personal, subject to the provisions contained
in Section 2 of this ordinance, as follows:
FIRST:
A general tax of sixty-eight and thirty-four hundredth cents ($.6834) 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 sixty-eight and thirty-seven hundredth cents ($.6837) on each
hundred dollars of assessed valuation of all such taxable property is levied
and imposed for municipal operating expenses for hospitals and public health
purposes, to be credited to the Health Levy Fund.
THIRD:
The Council, pursuant to authority granted under Section 92.031, RSMo, in the
alternative, elects to impose a tax for debt service of twenty-seven and seven hundredth
cents ($.2707) 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 the City maturing in Fiscal Year 2018-19 and for the payment of all
interest becoming due and payable in Fiscal Year 2018-19, on the entire
outstanding general obligation bond indebtedness of the City, except
indebtedness upon which the principal and interest are payable or budgeted for
payment from other funds of the City.
FOURTH:
A general tax of one and ninety hundredth cents ($.0190) on each hundred
dollars of the assessed valuation of all such taxable property is levied and
imposed for municipal museum purposes, to be credited to the Museum Special
Revenue Fund.
Section 2. (a)
In determining the amount of taxes levied by this ordinance upon property
subject to such levy, the true value of such property shall be taken to be the
valuation shown in the assessments returned by the Assessor for the county in
which the property is located for Fiscal Year 2018-19, as equalized according
to law; and this levy is made upon the basis of that valuation.
(b) The general
taxes levied upon the real estate and tangible personal property, and other
than the goods, wares and merchandise held by all merchants and raw material,
merchandise, finished products, tools, machinery and appliances used or kept on
hand by all manufacturers, shall be entered and extended by the Director of
Finance in the land and tangible personal property tax records for 2018.
(c) The taxes
herein levied above are levied at the levels authorized under the Missouri
Constitution and Statutes upon the assessments as estimated at the time of
levy, provided however, the Legislature having mandated equalization
maintenance upon the receipt of equalized valuations, the Council shall proceed
to revise and roll back, if required, the foregoing levy upon such equalized
assessments in accordance with constitutional and statutory requirements and
such taxes shall be extended, billed and collected in the manner provided by ordinance.
(d) All taxes
levied by this ordinance shall be collected by the Director of Finance.
_________________________________________
I hereby certify
that the levy specified in the THIRD paragraph of Section 1 of the foregoing
ordinance is necessary for the maintenance of the General Debt and Interest
Fund for the payment of principal and interest on the outstanding general
obligation bond indebtedness of Kansas City, as stated therein.
___________________________________
Randall J.
Landes
Director of
Finance
Approved as to
form and legality:
___________________________________
Matthew
Gigliotti
Assistant City Attorney