Missouri Revised Statutes













Chapter 137

Assessment and Levy of Property Taxes

←137.240

Section 137.243.1

137.245→

August 28, 2015

Projected tax liability, assessor to provide clerk with assessment book--abstract required--political subdivisions to informally project a nonbinding tax levy, procedure.

137.243. 1. To determine the "projected tax liability" required by

subsections 2 and 4 of section 137.180, subsection 3 of section 137.355,

and subsection 2 of section 137.490, the assessor, on or before March first

of each odd-numbered tax year, shall provide the clerk with the assessment

book which for this purpose shall contain the real estate values for that

year, the prior year's state assessed values, and the prior year's personal

property values. On or before March fifteenth, the clerk shall make out an

abstract of the assessment book showing the aggregate amounts of different

kinds of real, personal, and other tangible property and the valuations of

each for each political subdivision in the county, or in the city for any

city not within a county, entitled to levy ad valorem taxes on property

except for municipalities maintaining their own tax or assessment books.

The governing body of each political subdivision or a person designated by

the governing body shall use such information to informally project a

nonbinding tax levy for that year and return such projected tax levy to the

clerk no later than April eighth. The clerk shall forward such information

to the collector who shall then calculate and, no later than April

thirtieth, provide to the assessor the projected tax liability for each

real estate parcel for which the assessor intends to mail a notice of

increase pursuant to sections 137.180, 137.355, and 137.490.



2. Political subdivisions located at least partially within two or

more counties, which are subject to divergent time requirements, shall

comply with all requirements applicable to each such county and may utilize

the most recent available information to satisfy such requirements.



3. Failure by an assessor to timely provide the assessment book or

notice of increased assessed value, as provided in this section, may result

in the state tax commission withholding all or a part of the moneys

provided under section 137.720 and all state per-parcel reimbursement funds

which would otherwise be made available to such assessor.



4. Failure by a political subdivision to provide the clerk with a

projected tax levy in the time prescribed under this section shall result

in a twenty percent reduction in such political subdivision's tax rate for

the tax year, unless such failure is a direct result of a delinquency in

the provision of, or failure to provide, information required by this

section by the assessor or the clerk. If a political subdivision fails to

provide the projected tax rate as provided in this section, the clerk shall

notify the state auditor who shall, within seven days of receiving such

notice, estimate a nonbinding tax levy for such political subdivision and

return such to the clerk. The clerk shall notify the state auditor of any

applicable reduction to a political subdivision's tax rate.



5. Any taxing district wholly within a county with a township form of

government may, through a request submitted by the county clerk, request

that the state auditor's office estimate a nonbinding projected tax rate

based on the information provided by the county clerk. The auditor's

office shall return the projected tax rate to the county clerk no later

than April eighth.



6. The clerk shall deliver the abstract of the assessment book to

each taxing district with a notice stating that their projected tax rates

be returned to the clerk by April eighth.



(L. 2008 S.B. 711, A.L. 2010 H.B. 1316)





2008



2008



137.243. 1. To determine the "projected tax liability" required by

subsections 2 and 3 of section 137.180, subsection 2 of section 137.355,

and subsection 2 of section 137.490, the assessor, on or before March first

of each tax year, shall provide the clerk with the assessment book which

for this purpose shall contain the real estate values for that year, the

prior year's state assessed values, and the prior year's personal property

values. On or before March fifteenth, the clerk shall make out an abstract

of the assessment book showing the aggregate amounts of different kinds of

real, personal, and other tangible property and the valuations of each for

each political subdivision in the county, or in the city for any city not

within a county, entitled to levy ad valorem taxes on property except for

municipalities maintaining their own tax or assessment books. The

governing body of each political subdivision or a person designated by the

governing body shall use such information to informally project a

nonbinding tax levy for that year and return such projected tax levy to the

clerk no later than April eighth. The clerk shall forward such information

to the collector who shall then calculate and, no later than April

thirtieth, provide to the assessor the projected tax liability for each

real estate parcel for which the assessor intends to mail a notice of

increase pursuant to sections 137.180, 137.355, and 137.490.



2. Political subdivisions located at least partially within two or

more counties, which are subject to divergent time requirements, shall

comply with all requirements applicable to each such county and may utilize

the most recent available information to satisfy such requirements.



3. Failure by an assessor to timely provide the assessment book or

notice of increased assessed value, as provided in this section, may result

in the state tax commission withholding all or a part of the moneys

provided under section 137.720 and all state per-parcel reimbursement funds

which would otherwise be made available to such assessor.



4. Failure by a political subdivision to provide the clerk with a

projected tax levy in the time prescribed under this section shall result

in a twenty percent reduction in such political subdivision's tax rate for

the tax year, unless such failure is a direct result of a delinquency in

the provision of, or failure to provide, information required by this

section by the assessor or the clerk. If a political subdivision fails to

provide the projected tax rate as provided in this section, the clerk shall

notify the state auditor who shall, within seven days of receiving such

notice, estimate a nonbinding tax levy for such political subdivision and

return such to the clerk. The clerk shall notify the state auditor of any

applicable reduction to a political subdivision's tax rate.



5. Any taxing district wholly within a county with a township form of

government may, through a request submitted by the county clerk, request

that the state auditor's office estimate a nonbinding projected tax rate

based on the information provided by the county clerk. The auditor's

office shall return the projected tax rate to the county clerk no later

than April eighth.



6. The clerk shall deliver the abstract of the assessment book to

each taxing district with a notice stating that their projected tax rates

be returned to the clerk by April eighth.



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