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Lee's Summit R-VII presents recommended 2025 tax levy of 4.7391 after required rollbacks
Summary
At a public tax-rate hearing, Lee's Summit R-VII finance staff recommended a 2025 tax levy of 4.7391 per $100 assessed value (operating levy 3.8691; debt service 0.87). Officials said assessed value rose to about $3.569 billion, but backing out record new construction yields only a 1.4% adjusted increase.
Lee's Summit R-VII officials presented a proposed 2025 tax levy of 4.7391 per $100 assessed value at a public tax-rate hearing, with an operating levy of 3.8691 (general 3.8191 plus 0.05 for capital projects) and a debt-service levy of 0.87.
Dr. Hertzog, who led the presentation, said the district's 2025 assessed value is about $3,569,000,000, up from roughly $3,400,000,000 in 2024. He told the board that total assessed-value growth from 2024 to 2025 was about $168 million, and that a record roughly $67 million of that figure represents new construction. "Once you back out new construction," he said, "you're really looking at about a $48,000,000 increase — so only about a 1.4% increase from 2024 to 2025." He added that the composition of value is heavily residential: "residential is by far the largest driver of our assessed value ... making…
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