178.870. Tax rates, limits--how increased and decreased. - Missouri Statutes

Tax rates, limits--how increased and decreased.

178.870. Any tax imposed on property subject to the taxing power of thecommunity college district under article X, section 11(a) of the MissouriConstitution without voter approval shall not exceed the annual rate of tencents on the hundred dollars assessed valuation in districts having onebillion five hundred million dollars or more assessed valuation; twenty centson the hundred dollars assessed valuation in districts having seven hundredfifty million dollars but less than one billion five hundred million dollarsassessed valuation; thirty cents on the hundred dollars assessed valuation indistricts having five hundred million dollars but less than seven hundredfifty million dollars assessed valuation; forty cents on the hundred dollarsassessed valuation in districts having less than five hundred million dollarsassessed valuation; except that, no public community college district havingan assessed valuation in excess of one hundred million and less than twohundred fifty million which is levying an operating levy of thirty cents perone hundred dollars assessed valuation on September 28, 1975, shall increasesuch levy above thirty cents per one hundred dollars assessed valuationwithout voter approval. Tax rates specified in this section that were ineffect in 1984 shall not be lowered due to an increase in assessed valuationcreated by general reassessment; however, the provisions of section 137.073,RSMo, or section 22(a) of article X of the Missouri Constitution areapplicable. Districts which operate institutions awarding degrees above theassociate degree shall not be affected by the changes provided in thissection. Increases of the rate with voter approval shall be made in themanner provided in chapter 164, RSMo, for school districts.

(L. 1963 p. 200 § 13-87, A.L. 1975 S.B. 190, A.L. 1985 H.B. 374, A.L. 2000 S.B. 894, A.L. 2002 H.B. 2022 merged with S.B. 947)

(Source: L. 1961 p. 357 § 11)