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Raytown finance director presents slight increase in 2025 levy; board to hear ordinance again Sept. 16
Summary
Finance Director Michael Graham presented a first reading of the 2025 property tax levy showing small rate increases for the general and park funds and reported assessment-value changes; the board will revisit the ordinance on Sept. 16, 2025.
At the Sept. 2 meeting the Board of Aldermen received a first reading of an ordinance establishing the 2025 property tax levy for the City of Raytown.
Finance Director Michael Graham reviewed county assessment values and explained how they inform levy calculations. He reported that assessed values for real property increased and that personal property values decreased, which he attributed in part to a drop in used-car values. He said the 2025 levy rates are 0.2647 for the general fund (up from 0.2604 in FY24) and 0.1323 for the parks fund (up from 0.1301 in FY24). Graham said potential property-tax revenue of about $1.9 million is included in the FY26 budget.
The ordinance will be presented again at the board’s Sept. 16 meeting for further consideration and any formal action.
