Residents Fear Plant Closure's Impact on School Money

3 years 2 months 1 week ago September 30, 2013 Sep 30, 2013 Monday, September 30 2013 Monday, September 30, 2013 2:23:00 PM CDT in News
By: Nicole Neidenberg, KOMU 8 Reporter
Embed Code Copied

CHAMOIS - Monday is the last day the Chamois power plant will open its doors. Residents in the small town fear the impact the closure could have on money the schools get. The plant brought Osage County R-1 schools more than $66,000 in property tax revenue, but when it closes, it will result in loss of revenue over time.

Click here to see photo gallery.

The current tax rate in Chamois is $4.25 and the maximum tax rate is $4.71. The Osage County school board has the authority to raise the levy to its maximum, which would increase tax revenue to more than $59,000. The loss of tax revenue would be approximately $7,000.

Osage County High School Superintendent Mike Bumgarner said the school district is not in jeopardy.

"The short term implication of the power plant closure is minimal with the school district, although we'll miss them as a community partner, but the taxing implication won't be fully felt for a year or two for the school district," said Bumgarner.

Osage County R-1 High school receives approximately $5,300 in state aid per student. Bumgarner said the school is up 15 to 20 students from the previous school year and in a statement posted online, "The goal of future administration and school boards must be to monitor financial trends and continue to make budgetary adjustments in order to insure one single event does not result in the closure of our school district."

With an amendment allowing school boards to raise the tax levy only equal to the consumer price index, Osage County schools are able to do so.

Osage County Assessor Ross Seals said there will be a loss of revenue within the community. However, "The town won't see a change in revenue taxes till 2014," Seals said. Seals said the next assessment would be in 2015.

 

 

More News

Grid
List
HOLTS SUMMIT - The Holts Summit Lions Club is hosting the second annual Christmas Festival Saturday before the start of... More >>
1 hour ago December 10, 2016 Dec 10, 2016 Saturday, December 10 2016 Saturday, December 10, 2016 4:42:00 AM CST in News
COLUMBIA - Overuse injuries appear to be growing increasing common in youth sports. According to a 2015 study by the... More >>
2 hours ago December 10, 2016 Dec 10, 2016 Saturday, December 10 2016 Saturday, December 10, 2016 4:25:00 AM CST in News
JEFFERSON CITY (AP) — Missouri's outgoing Democratic Gov. Jay Nixon is giving clemency to 15 people convicted of drug-related crimes... More >>
9 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 8:50:05 PM CST in News
JEFFERSON CITY (AP) — A former director of Missouri's unemployment benefits agency has agreed to a $2 million settlement to... More >>
9 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 8:36:46 PM CST in News
KANSAS CITY, Mo. (AP) — A woman assaulted as a girl during a 1982 attack that killed her mother wants... More >>
10 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 8:27:25 PM CST in News
JEFFERSON CITY (AP) — Missouri Auditor Nicole Galloway said she's reviewing state legal payments following reports of harassment and employee... More >>
10 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 8:16:29 PM CST in News
JEFFERSON CITY (AP) — Missouri Gov. Jay Nixon will work as a private attorney at a suburban St. Louis law... More >>
10 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 7:58:34 PM CST in News
SIKESTON (AP) — Police are investigating the shooting death of a high school student in southeast Missouri. KFVS-TV reports... More >>
10 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 7:52:30 PM CST in News
COLUMBIA - In an effort to increase access to healthy food choices, the U.S. Department of Agriculture announced new standards... More >>
11 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 7:01:00 PM CST in News
BOONE COUNTY - A fire forced a family to evacuate its Boone County home Friday afternoon. Firefighters responded to... More >>
13 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 5:17:00 PM CST in News
CALLAWAY COUNTY - Prosecutors charged a Holts Summit man with multiple felonies Friday in connection to a domestic dispute. ... More >>
13 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 4:52:00 PM CST in News
COLUMBIA - Many students worry their peers won't pay appropriately for a sexual misconduct offense. A bill being introduced to... More >>
15 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 3:25:00 PM CST in Top Stories
COLUMBIA - Gov. Jay Nixon announced recently visitors to the state and tourism spending are at an all-time high for... More >>
16 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 2:35:00 PM CST in News
JEFFERSON CITY - Two men suffered serious injuries in a head-on crash on Highway 50 Friday morning, the Jefferson City... More >>
16 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 2:26:00 PM CST in News
COLUMBIA – The University of Missouri System came out with a report Thursday that shows how much the system saves... More >>
16 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 1:56:00 PM CST in News
CAPE GIRARDEAU (AP) — Three juveniles have been arrested in connection with a threat to a southeast Missouri high school.... More >>
17 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 1:32:20 PM CST in News
KANSAS CITY, Mo. (AP) — A woman assaulted as a girl during a 1982 attack that killed her mother wants... More >>
18 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 12:28:38 PM CST in News
ST. LOUIS (AP) — A jury has convicted a man of shooting two police officers during a 2015 protest in... More >>
18 hours ago December 09, 2016 Dec 9, 2016 Friday, December 09 2016 Friday, December 09, 2016 12:22:20 PM CST in News
Columbia, MO
Broken Clouds 25°
7am 18°
8am 25°
9am 25°
10am 28°

Select a station to view its upcoming schedule:

Coming Up Next

6:00a
KOMU 8 News Today
7:00a
Today Weekend
8:30a
Naturally, Danny Seo
6:30a
Paid Program
7:00a
Calling Dr. Pol
7:30a
Calling Dr. Pol

Tonight's Schedule

7:00p
The Voice
9:00p
Saturday Night Live
7:00p
Family Guy
7:30p
Family Guy
8:00p
Bob's Burgers
8:30p
Bob's Burgers
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld