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County senior-property tax relief applications could cost district about $1.4 million in revenue, official says
Summary
Liberty Public Schools finance staff told the board the county received 17,352 applications for a new senior property tax relief program; 4,189 of those applications are for properties in Liberty, producing an assessed-value increase freeze that could reduce district revenue by roughly $1.4 million at current levies.
Liberty Public Schools finance director Cindy Sullivan told the board the county provided preliminary data on a new senior property tax relief program that could reduce district operating revenue. Sullivan said the county received 17,352 applications total; 4,189 of those applications were for parcels inside Liberty Public Schools.
Sullivan described an assessed-value increase across those Liberty parcels of about $30,000,000 (the transcript…
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