File #: 220766    Version: Name:
Type: Ordinance Status: Passed
File created: 8/5/2022 In control: Finance, Governance and Public Safety Committee
On agenda: 9/21/2022 Final action: 9/22/2022
Title: Amending Ordinance No. 220195 by repealing Section 1 and enacting in its place a new Section 1, adjusting tax levy rates for the General Fund, Health Levy Fund, General Debt and Interest Fund, and Museum Special Revenue Fund and recognizing this ordinance as having an accelerated effective date.
Attachments: 1. General Health Museum Debt Ordinance 2022 Fact Sheet (1), 2. revised fact sheet, 3. General Health Museum Debt Ordinance 2022 Fiscal Note (1), 4. 220766 cs to org ord-com, 5. 220766 cs, 6. Overview of Annual Property Tax Levy Certification Final FY2022-23, 7. Overview of Annual Property Tax Levy Certification Final FY2022-23, 8. Fiscal Note 220766, 9. Authenticated Ordinance 220766 Committee Sub.
Related files: 150398
COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 220766

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Amending Ordinance No. 220195 by repealing Section 1 and enacting in its place a new Section 1, adjusting tax levy rates for the General Fund, Health Levy Fund, General Debt and Interest Fund, and Museum Special Revenue Fund and recognizing this ordinance as having an accelerated effective date.

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BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section A. That Ordinance No. 220195 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 Fiscal Year 2022-23, commencing on the first day of May, 2022, in the total amount of one dollar sixty-nine and eighteen hundredth cents ($1.6918) per hundred dollars, shall be and are levied on all property within the City subject to taxation on January 1, 2022, 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 and seventy-four hundredth cents ($.6074) 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 and seventy-six hundredth cents ($.6076) 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 levy and impose a tax for debt service of forty-six cents ($.4600) 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 ma...

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