Residents Fear Plant Closure's Impact on School Money

6 years 2 weeks 5 days ago Monday, September 30 2013 Sep 30, 2013 Monday, September 30, 2013 2:23:00 PM CDT September 30, 2013 in News
By: Nicole Neidenberg, KOMU 8 Reporter
loading

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
ST. LOUIS (AP) — Children in St. Louis have been the victim of homicides at 10 times the national rate... More >>
5 hours ago Saturday, October 19 2019 Oct 19, 2019 Saturday, October 19, 2019 9:34:54 PM CDT October 19, 2019 in News
WASHINGTON (AP) — President Donald Trump says he is reversing his plan to hold the next Group of Seven world... More >>
6 hours ago Saturday, October 19 2019 Oct 19, 2019 Saturday, October 19, 2019 9:19:49 PM CDT October 19, 2019 in News
COLUMBIA - Police were seen searching the area near the scene of a crash Saturday afternoon. Police responded to... More >>
6 hours ago Saturday, October 19 2019 Oct 19, 2019 Saturday, October 19, 2019 8:31:00 PM CDT October 19, 2019 in News
COLUMBIA - Community members came together Saturday for a Walk and Roll-A-Thon in recognition of Disability Employment Awareness Month. ... More >>
10 hours ago Saturday, October 19 2019 Oct 19, 2019 Saturday, October 19, 2019 5:11:00 PM CDT October 19, 2019 in News
COLUMBIA - Demonstrators rallied at Speakers Circle on Saturday for the first ever National Period Day. Organizers said they... More >>
11 hours ago Saturday, October 19 2019 Oct 19, 2019 Saturday, October 19, 2019 3:47:00 PM CDT October 19, 2019 in News
COLUMBIA - Community members got the chance to challenge Columbia police officers in their favorite video games during the department's... More >>
11 hours ago Saturday, October 19 2019 Oct 19, 2019 Saturday, October 19, 2019 3:41:00 PM CDT October 19, 2019 in News
ST. LOUIS (AP) — Grassroots organizations are working across Missouri to persuade gun-related business owners to join efforts to limit... More >>
11 hours ago Saturday, October 19 2019 Oct 19, 2019 Saturday, October 19, 2019 3:37:00 PM CDT October 19, 2019 in News
SALINE COUNTY — Three Saline County children abducted in 2017 were found in Arlington, Texas on Thursday, according to the... More >>
13 hours ago Saturday, October 19 2019 Oct 19, 2019 Saturday, October 19, 2019 2:15:00 PM CDT October 19, 2019 in News
JEFFERSON CITY - One Lincoln man is dead following a crash between a motorcycle and a tractor-trailer Friday night on... More >>
14 hours ago Saturday, October 19 2019 Oct 19, 2019 Saturday, October 19, 2019 1:19:00 PM CDT October 19, 2019 in News
COLUMBIA - The Columbia Water and Light department said it believes all power has been restored in Columbia. About... More >>
17 hours ago Saturday, October 19 2019 Oct 19, 2019 Saturday, October 19, 2019 10:05:00 AM CDT October 19, 2019 in News
MARSHALL - The suspect in a pair of shootings in early October has been caught out of state, police announced... More >>
1 day ago Friday, October 18 2019 Oct 18, 2019 Friday, October 18, 2019 9:10:00 PM CDT October 18, 2019 in News
CALIFORNIA - A man heard his sentence on Friday after killing a 20-year-old three years ago for drunk driving. ... More >>
1 day ago Friday, October 18 2019 Oct 18, 2019 Friday, October 18, 2019 6:31:00 PM CDT October 18, 2019 in News
COLUMBIA - Below are scores from football games around mid-Missouri. Final scores are in bold. ... More >>
1 day ago Friday, October 18 2019 Oct 18, 2019 Friday, October 18, 2019 6:06:00 PM CDT October 18, 2019 in Friday Night Fever
COLUMBIA —The University of Missouri issued a statement Friday that the MU Department of Theatre was "in error" when it... More >>
1 day ago Friday, October 18 2019 Oct 18, 2019 Friday, October 18, 2019 5:52:00 PM CDT October 18, 2019 in News
COLUMBIA - Friday Night Fever’s Week 8 Game of the Week features a dominant Helias (6-1) visited by a surging... More >>
1 day ago Friday, October 18 2019 Oct 18, 2019 Friday, October 18, 2019 5:44:00 PM CDT October 18, 2019 in Friday Night Fever
COLUMBIA — The True False Film Festival and Ragtag Cinema are dissolving their relationship with Columbia church The Crossing. Cinema... More >>
1 day ago Friday, October 18 2019 Oct 18, 2019 Friday, October 18, 2019 5:33:00 PM CDT October 18, 2019 in News
COLUMBIA - Springfield Mayor Ken McClure hosted a group for a strategy session that included Governor Mike Parson in October.... More >>
1 day ago Friday, October 18 2019 Oct 18, 2019 Friday, October 18, 2019 4:18:00 PM CDT October 18, 2019 in News
KANSAS CITY - The extent of Kansas City Chiefs quarterback Patrick Mahomes' leg injury sustained during the team's Thursday night... More >>
1 day ago Friday, October 18 2019 Oct 18, 2019 Friday, October 18, 2019 3:07:00 PM CDT October 18, 2019 in Sports
Columbia, MO
Broken Clouds 50°
4am 48°
5am 47°
6am 46°
7am 46°