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 (270 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
2015/5/6 12:30:00 - Trenton High School Announces Art Department Awards
2015/5/6 12:30:00 - Trenton FBLA Holds End-Of-Year Awards Ceremony
2015/5/6 12:30:00 - Princeton Music Concert Starts At 7:00 Tonight
2015/5/6 12:23:28 - THS Senior Named Key Club "Member Of The Year"
2015/5/6 12:18:16 - Chillicothe Arts Organization To Host Reception
2015/5/6 12:11:00 - Missouri Lawmakers Override Governor Nixon's "Welfare Veto"
2015/5/6 11:20:00 - Princeton Announces City Clean-Up Plans
2015/5/6 11:20:00 - Trenton 2020 To Meet In One Week
2015/5/6 11:20:00 - NCMC Commencement Set For Saturday
2015/5/6 11:14:36 - Fire Deaths Blamed On Smoke Inhalation
2015/5/6 10:20:00 - Trenton Bulldogs Finish Runner-Up At Maryville Relays
2015/5/5 15:07:38 - TMS Track Finishes 2nd At Carrollton Junior High Invite
2015/5/5 14:58:32 - Three Tiger Reserves Leaving MU Football Program
2015/5/5 14:51:37 - Royals Pitcher Begins Comeback From Tommy John
2015/5/5 14:44:34 - Early Surge Leads Wildcats To Win Over PC
2015/5/5 14:40:29 - Trenton Coach Announces Youth Tennis Camp
2015/5/5 14:34:13 - Kirksville Shuts Out THS Tennis
2015/5/5 14:27:42 - Area Students Elected as Club Officers‏
2015/5/5 12:36:23 - NCMC Opens Region 16 Baseball Tournament Wednesday Night
2015/5/5 12:10:23 - "Stamp Out Hunger" Food Drive Set For Saturday
2015/5/5 12:10:00 - Grundy R-5 Principal Resigns
2015/5/5 12:10:00 - Newtown-Harris Coach Accepts Princeton Job
2015/5/5 12:10:00 - Breckenridge Plans Alumni Banquet
2015/5/5 12:06:44 - IRS Announces Filing Numbers
2015/5/5 11:30:31 - Rain Pushes Mercer County Roadwork To Wednesday
2015/5/5 11:28:21 - Trenton R-9 Announces Early Dismissal On Thursday
2015/5/5 10:23:33 - Gallatin Bulldogs Win District 7 Golf Title
2015/5/5 10:00:00 - Trenton Golfers Advance To Class 2 Sectionals
2015/5/5 9:50:00 - Services Announced For Trenton Fire Victims
2015/5/5 9:30:00 - All Clear Issued At MU, After Frat House Robbery/Assault



Bookmark this article at these sites

                   

Listen to KTTN-FM