Columbia School Board's tax levy goes up slightly

1 year 3 months 2 weeks ago Friday, August 25 2017 Aug 25, 2017 Friday, August 25, 2017 6:13:00 PM CDT August 25, 2017 in News
By: Kyrah Davis, KOMU 8 Reporter
loading

COLUMBIA – Property taxes will be a tad higher for homeowners in Columbia, thanks to an increased tax levy rate from Columbia Public Schools.

The increase is a little more than a penny, which will work out to about $3 to $5 more for homeowners.

Community Relations Director Michelle Baumstark says it’s both needed and feasible.

“The local tax base is what supports public education in Columbia,” she said. “The increase is well within what we are authorized by our voting community to do.”

“There’s a number of funds that go into the tax levy. Debt service, operations, incidentals, capitol projects. And all of those make up the total rate that is set.”

Columbia being a college town also affects the rate.

“A lot of the property within Columbia is actually not taxable property.”

Chief Financial Officer Anna Munson said the influx of students making purchases can also increase sales tax.

“The higher the sales tax revenue is, the potentially lower property tax rate could be,” she said.

Both Munson and Baumstark said these are just one of the many components that go into setting a tax levy rate each year.

“A lot of those components are designed to keep it fairly stable,” Munson said. 

Munson said it's nearly impossible to predict how it will fluctuate in future years. 

More News

Grid
List
COLUMBIA - Those struggling to afford holiday gifts for their loved ones may still have options. Registration ends today for... More >>
3 hours ago Monday, December 10 2018 Dec 10, 2018 Monday, December 10, 2018 3:27:53 AM CST December 10, 2018 in News
COLUMBIA - Columbia firefighters responded to a fire at Columbia Crossing Apartments on Towne Drive late Sunday night. Division... More >>
7 hours ago Sunday, December 09 2018 Dec 9, 2018 Sunday, December 09, 2018 11:30:00 PM CST December 09, 2018 in News
(CNN) -- Treacherous driving conditions and canceled flights could keep residents stuck at home for days as a nasty mix... More >>
12 hours ago Sunday, December 09 2018 Dec 9, 2018 Sunday, December 09, 2018 6:25:00 PM CST December 09, 2018 in News
OSAGE BEACH – A dog groomer in Osage Beach has made it a mission to train service dogs after she... More >>
17 hours ago Sunday, December 09 2018 Dec 9, 2018 Sunday, December 09, 2018 2:08:00 PM CST December 09, 2018 in News
KANSAS CITY (AP) — University of Missouri faculty members are raising concerns that the system's move to offer buyouts to... More >>
19 hours ago Sunday, December 09 2018 Dec 9, 2018 Sunday, December 09, 2018 11:47:00 AM CST December 09, 2018 in News
COLUMBIA - Officers with the Columbia Police Department responded to a shots fired call inside the Steak ‘n Shake on... More >>
20 hours ago Sunday, December 09 2018 Dec 9, 2018 Sunday, December 09, 2018 10:38:00 AM CST December 09, 2018 in News
JAMESTOWN - Grace United Methodist Church held its seasonal music recital on Sunday featuring a 117-year-old historic church organ. ... More >>
21 hours ago Sunday, December 09 2018 Dec 9, 2018 Sunday, December 09, 2018 9:58:00 AM CST December 09, 2018 in News
FULTON - Fulton police officers responded to the Fulton Medical Center regarding a possible assault early Sunday morning. According... More >>
22 hours ago Sunday, December 09 2018 Dec 9, 2018 Sunday, December 09, 2018 9:00:00 AM CST December 09, 2018 in News
CALLAWAY COUNTY - A Kansas City woman was arrested Saturday and charged with multiple felony counts of possession of a... More >>
23 hours ago Sunday, December 09 2018 Dec 9, 2018 Sunday, December 09, 2018 7:30:00 AM CST December 09, 2018 in News
COLUMBIA - All weekend the Central Missouri Humane Society is encouraging people to come adopt animals. The humane society has... More >>
1 day ago Saturday, December 08 2018 Dec 8, 2018 Saturday, December 08, 2018 9:35:00 PM CST December 08, 2018 in News
COLUMBIA - The Down Syndrome Guild of Central Missouri had its first learning seminar in Columbia on Saturday. The seminar... More >>
1 day ago Saturday, December 08 2018 Dec 8, 2018 Saturday, December 08, 2018 9:33:00 PM CST December 08, 2018 in News
COLUMBIA - The Columbia teen who was killed in a crash Saturday morning was a senior at Christian Fellowship School,... More >>
1 day ago Saturday, December 08 2018 Dec 8, 2018 Saturday, December 08, 2018 8:55:00 PM CST December 08, 2018 in News
COLUMBIA - Karis Church in northwest Columbia held its third annual Affordable Christmas event early Saturday morning. This is... More >>
1 day ago Saturday, December 08 2018 Dec 8, 2018 Saturday, December 08, 2018 6:40:00 PM CST December 08, 2018 in News
(CNN) -- White House chief of staff John Kelly will be leaving his position at the end of the year,... More >>
1 day ago Saturday, December 08 2018 Dec 8, 2018 Saturday, December 08, 2018 2:56:00 PM CST December 08, 2018 in News
CAMDEN COUNTY - A Camden County Sheriff's deputy was involved in a car crash Friday on Route MM near Villages... More >>
1 day ago Saturday, December 08 2018 Dec 8, 2018 Saturday, December 08, 2018 2:47:00 PM CST December 08, 2018 in News
COLUMBIA - Only one person was injured after two overnight fires kept fire crews busy into the weekend. ... More >>
1 day ago Saturday, December 08 2018 Dec 8, 2018 Saturday, December 08, 2018 8:33:00 AM CST December 08, 2018 in News
COLUMBIA - Runners and walkers dressed up in holiday wear for the annual Jingle Bell Run in Columbia on Saturday,... More >>
1 day ago Saturday, December 08 2018 Dec 8, 2018 Saturday, December 08, 2018 7:43:00 AM CST December 08, 2018 in News
COLUMBIA - A formerly homeless veteran is helping other vets expand their horizons by cycling. Tyler Kempker leads a... More >>
2 days ago Friday, December 07 2018 Dec 7, 2018 Friday, December 07, 2018 8:53:00 PM CST December 07, 2018 in News
Columbia, MO
Broken Clouds 18°
8am 17°
9am 23°
10am 27°
11am 30°