137.750. Assessment and equalization maintenance plan, payment of portion of expenses by state, amount, procedure--qualified costs and expenses. - Missouri Statutes

Assessment and equalization maintenance plan, payment of portion ofexpenses by state, amount, procedure--qualified costs and expenses.

137.750. 1. If a county has an assessment maintenance plan approvedpursuant to section 137.115, a portion of all the costs and expenses of theassessor of each county and each city not within a county, incurred for thecurrent quarter in performing all duties necessary to assess and maintainequalized assessed valuations of real property, making real and personalproperty assessments and preparing abstracts of assessment lists, shall bereimbursed by the state. The state shall reimburse up to sixty percent ofall the current and past unreported quarterly costs and expenses of theassessor of each county and each city not within a county based oncompliance with the state tax commission approved assessment andequalization maintenance plan. The state shall reimburse each eligiblecounty a minimum of three dollars per parcel for up to twenty thousandparcels, but no further reimbursements shall be made until the county hasexpended at least two-thirds of that amount of money for assessmentmaintenance from its assessment fund. The annual state reimbursement toany county pursuant to this section in 2000 shall not exceed seven dollarsper parcel of real property in the county and each year thereafter suchmaximum amount may be increased by up to three percent, but the amountreimbursed by the state shall not exceed sixty percent of the actual costsand expenses incurred, except that counties entitled to only thethree-dollar per parcel minimum shall receive one-fourth of the state'scontribution each quarter.

2. The governing body of each county and city not within a countywhich seeks or will seek reimbursement under any provision of this sectionor section 137.720 shall establish a fund to be known as the "AssessmentFund", to be used solely as a depository for funds received by the countyor city pursuant to this section and sections 137.037 and 137.720, from thegeneral revenue fund of the county or other sources for the purpose offunding the costs and expenses incurred in implementing an assessment andequalization maintenance plan approved under section 137.115 and forassessing real and personal property.

3. All counties and cities not within a county seeking state fundsunder this section shall submit a certified copy of their costs andexpenses to the commissioner of the office of administration not later thanthe thirtieth day of the quarter immediately following the quarter forwhich such state funds are sought. The commissioner of the office ofadministration shall, in such form as may be prescribed by rule, certifythat the county requests for reimbursement are consistent with theassessment and equalization maintenance plan approved by the state taxcommission as provided in section 137.115, and shall pay the state's shareout of funds appropriated for that purpose quarterly to each eligiblecounty and city to reimburse such county or city for reimbursable costs andexpenses incurred in the previous calendar quarter.

4. (1) The following costs and expenses shall not qualify for statereimbursement or reimbursement from tax moneys withheld from politicalsubdivisions:

(a) Premiums for property and casualty insurance and liabilityinsurance;

(b) Depreciation, interest, building and ground maintenance, fuel andutility costs, and other indirect expenses which can be classified as theoverhead expenses of the assessor's office;

(c) Purchases of motor vehicles;

(2) Costs and expenses which shall qualify for state reimbursement,but only if identified in the county maintenance plan and subsequentlyspecifically approved by the state tax commission, shall include:

(a) Salaries and benefits of data processing and legal personnel notdirectly employed by the assessor;

(b) Costs and expenses for computer software, hardware, andmaintenance;

(c) Costs and expenses of any additional office space made necessaryin order to carry out the county's maintenance plan;

(d) Costs of leased equipment;

(e) Costs of aerial photography.

(L. 1979 S.B. 247, et al. § 2, A.L. 1983 S.B. 63, et al., A.L. 1986 S.B. 476, A.L. 1989 H.B. 181 & 633, A.L. 1999 S.B. 219)

CROSS REFERENCE:

School districts, certain districts, rolling back operational levy relying on incorrect information of general reassessment may readjust levy, RSMo 164.013