File #: 210823    Version: Name:
Type: Ordinance Status: Passed
File created: 9/2/2021 In control: Council
On agenda: 9/16/2021 Final action: 9/30/2021
Title: Amending Ordinance No. 210160 by repealing Sections 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. FY 2021-22 Fact Sheet_Updated 092421, 2. Tax Levy Fiscal Note CS, 3. Overview of Annual Property Tax Levy Certification Final FY2021-22, 4. Authenticated Ordinance 210823 (sub)
COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 210823

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Amending Ordinance No. 210160 by repealing Sections 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. 210160 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 2021-22, commencing on the first day of May, 2021, in the total amount of one dollar sixty-nine and eighty-one hundredth cents ($1.6981) per hundred dollars, shall be and are levied on all property within the City subject to taxation on January 1, 2021, 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-one and five hundredth cents ($.6105) 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-one and seven hundredth cents ($.6107) 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 matur...

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