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Belton council hears levy numbers, keeps total tax rate unchanged at 2.0184
Summary
City staff told the council that assessed valuation dropped slightly overall (−0.36%) but rose on real estate; the proposed FY2027 levy totals 2.0184 (general 0.4480, parks 0.1994, debt service 1.3709), unchanged from last year; council advanced the levy on first reading.
City staff presented the calculations for the proposed fiscal year 2027 tax levy and answered council questions before the ordinance's first reading.
"This year we experienced a decrease in total adjusted valuation from the previous year of 0.36% and this was mostly due to Master's Transportation leaving the city and it was related to personal property," the staff presenter said, noting Master's Transportation accounted for "a little over $7,000,000" in personal assessed valuation. Staff said the city's levy rates would total 2.0184 — general fund 0.4480, park and rec 0.1994 and debt service 1.3709 — the same total levy as last year.
The presenter explained the statutory limit on reassessed growth under RSMO and the Hancock Amendment formula, and said because adjusted growth was negative the city could not increase revenue from last year except for new construction values. When asked how much Master's Transportation represented, the presenter replied their total personal AV was "a little over 7,000,000." Council moved and seconded the first reading of Bill 2026‑45 (levy ordinance); the motion carried on voice vote for first reading.
The ordinance will return for further readings and any formal adoption votes required under city procedure. Staff said the updated assessed-valuation numbers appeared after the Board of Equalization met, producing a small revision in the revenue estimate published with the hearing notice.
