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Board hears estimate of roughly $500,000 annual revenue loss tied to Missouri senior tax freeze (Senate Bill 190)
Summary
Oak Grove R-VI administrators told the board that Missouri's Senate Bill 190 senior property tax freeze could reduce district revenue by about $500,000 annually across counties the district spans; officials plan a Dec. 1 meeting with Jackson County legislators for clarification.
District officials warned the Oak Grove R-VI board that recent state legislation described in the meeting as Senate Bill 190 (a senior property tax freeze) could materially reduce local tax revenue to the district.
Administrators said Lafayette County figures already received show an estimated credit of $44,083.31 due back to senior taxpayers. Jackson County figures were still forthcoming;…
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