User Login    
 + Register
PDQ Cleaning
News : Grundy County Making Plans To Distribute Tax Funds Held In Escrow
Posted by Randy on 2014/7/18 4:18:46 (205 reads) News by the same author

Now that a 2012 tax dispute has been resolved between Wright Memorial Hospital and Grundy County, distributions are being planned from tax funds held in escrow.
Click to see original Image in a new window

The Missouri state tax commission ruling announced this week favored Wright Memorial which appealed its assessment on behalf of the physicians' clinic now co-located with the new hospital on Iowa Boulevard in Trenton.

Because the state tax commission assigned a much lower assessment than the figure Grundy County had determined, the respective taxing entities will get a lot less money from that 2012 tax payment. It's only 39 percent of what the total disbursement would have been, had it not been paid under protest.

Collector Treasurer Barb Harris reports nearly 27 thousand dollars ($26,915) is to be paid to taxing entities next month when they get checks that include back taxes that have been paid. The largest portion of the escrow funds, 16 thousand 244 dollars, goes to Pleasant View since the hospital is in the R-6 school district. But that's much less than the estimated 41 thousand, 650 dollars the R-6 district could have received. Amounts will be paid to other taxing entities on a pro-rated share, based on their respective levies.

Some 18-hundred dollars gets distributed for the surtax plus a small amount of interest.

Wright Memorial paid almost 70 thousand dollars ($69,870) under protest for the 2012 taxes. With the tax commission ruling, nearly 43 thousand ($42,955) will be returned to Wright Memorial. Still pending before the state tax commission is Wright Memorial Hospitals' appeal of its 2013 assessment on the physicians clinic.

Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2014/10/24 10:28:48 - Solar Farm Topic Of Economic Development Meeting
2014/10/24 10:25:45 - Livingston County Library Encourages Reading To Young Children
2014/10/24 10:23:16 - Festival Of Trees Fund-Raiser Set For November 28th
2014/10/24 10:18:02 - Bogard Woman Seriously Injured In Accident
2014/10/24 10:13:53 - Unionville Man Injured In Accident South Of Unionville
2014/10/24 4:42:51 - 5 Ways To Tell If Someone Is Cheating On You
2014/10/24 4:29:07 - Six Bodies Identified After Decades In Oklahoma Lake
2014/10/24 4:24:30 - Peyton Manning Rips Broncos' Scoreboard Operator
2014/10/24 4:20:18 - How To Teach Kids To Be Nice Online
2014/10/24 4:14:12 - Police: Missouri Inmate Who Attempted Suicide Dies
2014/10/24 4:09:40 - 1 Taken To Hospital After Being Hit By Train
2014/10/24 4:05:48 - 8-Year Old Scores Touchdown, Team Fined $500, Coach Suspended
2014/10/23 10:42:45 - Disaster Declaration Requested For North Missouri Counties
2014/10/23 10:38:01 - THS Marching Band And Color Guard To Hold Recognition Program
2014/10/23 10:35:23 - Snow Removal Bids Sought
2014/10/23 6:38:04 - Trenton Chamber Ambassadors To Hold Annual Halloween Trick Or Treat Night
2014/10/23 6:30:41 - Chillicothe Firefighters Respond To Vehicle Fire
2014/10/23 6:26:35 - Meadville Teen Hurt In Accident East Of Laredo
2014/10/23 6:23:59 - Spickard Man Injured In Accident East Of Gallatin
2014/10/23 4:46:44 - Giant Gold Nugget To Be Sold In San Francisco
2014/10/23 4:30:00 - The Worst Things To Buy At Walmart
2014/10/23 4:17:35 - Iowa Man Pleads Guilty To Missouri Bank Robbery
2014/10/23 4:09:49 - UK Man Faked Coma For 2 Years To Avoid Court
2014/10/23 4:04:17 - Wife Of Wade Davis Forks Over World Series Tickets As Tip To Server
2014/10/23 4:00:50 - FBI Confiscates Hot-Selling Royals Panties
2014/10/22 6:42:06 - Missouri Livestock Symposium To Be Held In Kirksville December 5th
2014/10/22 4:52:49 - Dead Babies In Winnipeg Storage Unit 'Tragic Beyond Belief'
2014/10/22 4:43:12 - Two Sunken Vessels From World War II Were Just Found Off The North Carolina Coast
2014/10/22 4:34:36 - Partial Solar Eclipse to Darken US Skies Thursday
2014/10/22 4:26:06 - Homeless Man Victim Of Knock-Out Game Attack



Bookmark this article at these sites

                   

Listen to KTTN-FM