Columbia School Board's tax levy goes up slightly

1 year 10 months 3 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 — Three men were arrested after allegedly stealing $22,000 worth of electronics from a Moberly Walmart Saturday. Several... More >>
2 hours ago Saturday, July 20 2019 Jul 20, 2019 Saturday, July 20, 2019 6:53:00 PM CDT July 20, 2019 in Continuous News
CENTERTOWN - Family, friends and even strangers showed up to celebrate Jasen Smith's life at his Memorial Benefit at Apple... More >>
4 hours ago Saturday, July 20 2019 Jul 20, 2019 Saturday, July 20, 2019 4:35:00 PM CDT July 20, 2019 in News
COLUMBIA - Police confirmed a runaway teen missing since Thursday was found safe Saturday afternoon. Summer Skye Allen was... More >>
5 hours ago Saturday, July 20 2019 Jul 20, 2019 Saturday, July 20, 2019 4:03:00 PM CDT July 20, 2019 in News
COLUMBIA - After being closed since May due to flooding, The Station House at Katfish Katy's is now open. ... More >>
6 hours ago Saturday, July 20 2019 Jul 20, 2019 Saturday, July 20, 2019 3:32:16 PM CDT July 20, 2019 in News
JEFFERSON CITY - The runway at Jefferson City Memorial Airport is back open after a small plane overturned Saturday morning.... More >>
8 hours ago Saturday, July 20 2019 Jul 20, 2019 Saturday, July 20, 2019 1:25:00 PM CDT July 20, 2019 in News
COLUMBIA — A Rolla man was sentenced to life in prison Friday for a 2017 shooting that killed two people.... More >>
1 day ago Friday, July 19 2019 Jul 19, 2019 Friday, July 19, 2019 7:45:00 PM CDT July 19, 2019 in News
HOLTS SUMMIT - The Missouri Highway Patrol helped detonate a suspicious package Friday afternoon at the Holts Summit Police Station.... More >>
1 day ago Friday, July 19 2019 Jul 19, 2019 Friday, July 19, 2019 7:29:00 PM CDT July 19, 2019 in News
COLUMBIA - With excessive heat fixed over Mid-Missouri, senior citizens looked for a place to escape the heat on Friday.... More >>
1 day ago Friday, July 19 2019 Jul 19, 2019 Friday, July 19, 2019 1:45:00 PM CDT July 19, 2019 in News
JEFFERSON CITY - The Show-Me State games kicked off Friday morning at 11 AM with a Torch Run at the... More >>
1 day ago Friday, July 19 2019 Jul 19, 2019 Friday, July 19, 2019 1:44:00 PM CDT July 19, 2019 in News
COLUMBIA - Police arrested a man Thursday night after he allegedly went into a woman's apartment and sexually abused her.... More >>
1 day ago Friday, July 19 2019 Jul 19, 2019 Friday, July 19, 2019 9:06:01 AM CDT July 19, 2019 in News
INDIANAPOLIS (AP) — Prosecutors filed reckless homicide charges on Thursday against a Missouri semi driver for a highway construction zone... More >>
1 day ago Friday, July 19 2019 Jul 19, 2019 Friday, July 19, 2019 8:12:49 AM CDT July 19, 2019 in News
COLUMBIA — A Versailles man previously convicted of child molestation has been charged with possession of and promoting child pornography.... More >>
2 days ago Thursday, July 18 2019 Jul 18, 2019 Thursday, July 18, 2019 7:47:00 PM CDT July 18, 2019 in News
INDIANAPOLIS - The NCAA heard Missouri's appeal on Thursday after the school was handed a handful of penalties back in... More >>
2 days ago Thursday, July 18 2019 Jul 18, 2019 Thursday, July 18, 2019 6:49:00 PM CDT July 18, 2019 in Top Stories
BRANSON - One year ago Friday, 17 were killed when a duck boat sank during a thunderstorm on Table Rock... More >>
2 days ago Thursday, July 18 2019 Jul 18, 2019 Thursday, July 18, 2019 5:01:00 PM CDT July 18, 2019 in News
INDIANAPOLIS (AP) — Prosecutors filed reckless homicide charges on Thursday against a Missouri semi driver for a highway construction zone... More >>
2 days ago Thursday, July 18 2019 Jul 18, 2019 Thursday, July 18, 2019 4:09:00 PM CDT July 18, 2019 in Top Stories
COLUMBIA - The new AI face editing app FaceApp has become an instant hit with iPhone users. However, there are... More >>
2 days ago Thursday, July 18 2019 Jul 18, 2019 Thursday, July 18, 2019 3:45:00 PM CDT July 18, 2019 in News
COLUMBIA - An excessive heat warning is still in effect through Saturday and families should take precautions when playing on... More >>
2 days ago Thursday, July 18 2019 Jul 18, 2019 Thursday, July 18, 2019 1:55:00 PM CDT July 18, 2019 in News
JEFFERSON CITY- Treasurer Scott Fitzpatrick announced Thursday the creation of a new program to help small businesses and farmers after... More >>
2 days ago Thursday, July 18 2019 Jul 18, 2019 Thursday, July 18, 2019 12:37:00 PM CDT July 18, 2019 in News
Columbia, MO
Broken Clouds 85°
10pm 86°
11pm 85°
12am 84°
1am 81°