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Oak Grove board adopts 2024 property tax levy unchanged at 0.7647 mills

Board of Alderwomen · September 16, 2024
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Summary

The Oak Grove Board of Alderwomen adopted an ordinance setting the city—s 2024 property tax levy at 0.7647 mills, unchanged from last year. Staff said the levy would generate about $1.3 million and equates to roughly $436 a year to the city for a $300,000 home.

The Oak Grove Board of Alderwomen on Sept. 16 adopted an ordinance setting the city—s 2024 property tax levy at 0.7647 mills, the same rate used the past six years. Mayor Dana Webb presided as the board approved Bill 24-19, which became Ordinance No. 2,118, on a unanimous roll-call vote.

City staff presented the levy during a public hearing before the vote. "The proposed levy of 0.7647, you could consider to be 76¢ for every $100 of assessed value," said Matt, city staff, who explained that a house appraised at $300,000 in Missouri is typically assessed at 19% of appraised value and would owe approximately $436 a year to the City of Oak Grove under the proposed levy.

The staff presentation said the general fund levy is 0.4836 mills and the debt service levy is 0.2811 mills, with total projected revenue of about $1,300,000. Staff also noted that Oak Grove—s assessed-value figures are certified by both Lafayette and Jackson counties and that 2024 is a non-reassessment year under state law.

Board members asked whether recent disputes in Jackson County—s assessment process could change the city—s levy. Matt responded that the city must use the certified assessed values provided by counties and that Jackson County has filed legal action seeking a rollback of its assessed values; any future credits or adjustments would be reflected in future city budgeting if they occur.

The board moved for first and second reading of Bill 24-19 and then for adoption. The City Clerk recorded the roll-call votes: Rachel Kilmer — yes; Pam Pope — yes; Kelly Neto — yes; Tracy Newcomer — yes; Mayor Dana Webb — yes. Following the vote, the clerk announced Bill 24-19 became Ordinance No. 2,118.

The hearing was opened for public comment but no members of the public offered testimony before the board closed the hearing.

With the ordinance now adopted, the city will file required documents with the state auditor per statutory procedures; the staff presentation reminded the board that the city must use certified county assessments when calculating the levy.