User Login    
 + Register
News : Appeals made on local tax assessments in Trenton
Posted by John on 2012/9/18 8:00:00 (216 reads) News by the same author

Grundy County was notified today that two appeals on tax assessments have been made to the Missouri State Tax Commission. These involve the Trenton Senior Housing doing business as Adams Park Apartments and the J-B Wright Memorial Hospital—specifically the physicians' office building.

The state tax commission did not specify a date to hear the appeals. It should be noted that when the state tax commission ruled on an exemption request for Green Hills Community Action Agency's residential property, the decision was made TWO YEARS after the appeals were made on 2010 property assessments.

State Representative Casey Guernsey has told KTTN he is planning to request the State Tax Commission staff AND commissioners hold a hearing at Trenton. Such hearings are often held in Jefferson City.

According to a letter from the state tax commission, and released by Grundy County Clerk's office, the Board of Equalization set the assessed valuation for the Adams Park Apartments at nearly 418 thousand dollars. ($417,910). The letter states the owners would like the assessment, using an “income approach” to be 24 thousand.

The letter notes the board of equalization assessment for the new physicians' group office tops 963 thousand dollars. ($963,610). The doctor's group wants a TOTAL exemption for charitable purposes—owing nothing in local taxes.
County Clerk Betty Spickard said she plans to alert each of the taxing entities of Grundy County to the appeals that have been made. In the event the state tax commissioner sides with the petitioners, the taxing entities—she said—may wish to re-evaluate their budgets.

At stake is over one million, 381 thousand dollars in assessed valuation; that potentially, IF appeals are successful, could drop to only 24 thousand dollars.

The doctor's office building is located in the Pleasant View R-6 school district which, such a significant reduction in local tax revenue, would adversely impact that district near Trenton.

The potential loss in tax revenue for taxing entities is not the only concern for Grundy County. Assessor Don Stotts says he and other assessors have been notified that the state plans to stop providing a financial supplement per real estate parcel. Stotts said currently, that payment is three dollars a parcel. But he has been told it will be dropped—noting that some legislators believe county government should be
funded by county money.

Once the state's supplement goes away, that could result in an estimated 30 thousand dollars reduction in revenue for Grundy County.

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


Other articles
2014/4/23 11:40:00 - Former THS Golfer Finishes Collegiate Career
2014/4/23 11:34:30 - KC Chiefs Re-Sign WR Williams
2014/4/23 11:20:00 - Mizzou Caravan Visiting Northwestern H.S. (Mendon) On April 30th
2014/4/23 10:40:00 - TMS Boys Track Wins Team Title At C.F. Russell Stadium
2014/4/23 10:10:00 - Chillicothe Hornets Sweep Team Titles at Cameron Invitational
2014/4/23 9:50:00 - Hornets Tip Trenton In Tight Tennis Duel
2014/4/23 9:45:47 - Police Stop Swerving Pickup, Find 13-Year Old Boy Driving Drunk Dad Home
2014/4/23 9:22:54 - Dr. G Discusses Bed Wetting
2014/4/23 8:32:08 - Trenton Out-Shoots Chillicothe In Riverside CC Duel
2014/4/23 8:10:00 - Gallatin Girls, Maysville Boys Win Tiger Relays
2014/4/23 6:47:15 - Mom Bites Off Ear Of Dog Attacking 2-Year Old Daughter
2014/4/23 4:45:03 - NCMC To Prepare For Tight Budget
2014/4/23 4:40:08 - Children's Mercy Hospital Adopts No Hitting Policy
2014/4/23 4:35:26 - Woman Allegedly Sells Heroin From Hospital Bed
2014/4/23 4:31:08 - Police: Newborn Found Alive In In Trash Can; Mom Arrested
2014/4/23 4:26:11 - Rape Charges Added In 10 Year Old Hailey Owens Death
2014/4/23 4:20:18 - Missouri House Panel To Consider Impeaching Governor
2014/4/23 4:16:05 - Internet TV Case: Judges Are Skeptical, Yet Concerned
2014/4/23 4:09:59 - Soldier Faces Hearing In Killings Of Iraqi Teens
2014/4/23 4:07:19 - Missouri Executes William Rousan For 1993 Farm Murders
2014/4/23 2:00:00 - MSSA Announces 2013-2014 All-State Basketball Team
2014/4/22 10:48:41 - Mizzou Quarterback Announces Intention To Transfer
2014/4/22 10:45:50 - Two Arrested In Grundy County On Warrants
2014/4/22 10:38:42 - Trenton's Barron Wins 800 Meters At Lawson Meet
2014/4/22 10:32:48 - LeBlond Tennis Improves To 9-1, Defeating Trenton
2014/4/22 10:22:59 - LeBlond Wins MEC Team, Individual Golf Titles
2014/4/22 10:10:00 - Trenton Native Shoots Second Best Ever Score At Drake University
2014/4/22 10:06:48 - Trenton JV Golf Finishes Runner-Up At Macon Tournament
2014/4/22 9:57:26 - NCMC Announces Speaker For Commencement Ceremony
2014/4/22 9:26:34 - City Of Chillicothe Receives Grant



Bookmark this article at these sites

                   

Advertisement
Click to see original Image in a new window
Listen to KTTN-FM