94.250. Maximum rate of tax--how increased--extension of period of increase. - Missouri Statutes

Maximum rate of tax--how increased--extension of period of increase.

94.250. 1. All cities of the fourth class in this state mayby city ordinance levy and impose annually for municipal purposesupon all subjects and objects of taxation within such cities atax which shall not exceed the maximum rate of one dollar on theone hundred dollars assessed valuation.

2. The maximum rate of taxation for general municipalpurposes may be increased for not to exceed four years at any onetime when the rate and purpose of such increase are submitted toa vote and two-thirds of the voters voting thereon vote in favorof the increase, but the increase so voted shall be limited to amaximum rate of taxation not to exceed thirty cents on the onehundred dollars assessed valuation. The board of aldermen ofsuch cities may submit the question, and the question shall besubmitted by the board of aldermen when petitioned therefor byvoters equaling in number five percent or more of the voters ofsuch cities voting for mayor at the last election at which amayor was elected.

3. The question shall be submitted in substantially thefollowing form:

Shall there be a ..... cent increase in tax levy on onehundred dollars valuation for general municipal purposes for..... years in the city of ......?

4. If the increase in levy is voted, the increased levyshall be effective for the number of years designated, and nolonger, but such cities through their boards of aldermen maysubmit proposals for continuing the increase of levy at any timefor like periods not to exceed four years each.

(RSMo 1939 § 7098, A.L. 1945 p. 1280, A.L. 1971 S.B. 64, A.L. 1978 H.B. 971)

Prior revisions: 1929 § 6948; 1919 § 8309; 1909 § 9301