User Login    
 + Register
News : Appeals made on local tax assessments in Trenton
Posted by John on 2012/9/18 8:00:00 (243 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
2014/7/29 10:34:19 - 21 Arrested In Southeast Missouri Drug Roundup
2014/7/29 9:13:53 - Trenton City Council Passes Alcohol Ordinance, Reduces Highway 65 Speed Limit
2014/7/29 7:36:39 - Chillicothe Arts Council Season Tickets On Sale
2014/7/29 7:30:24 - Eleven Vie For Title Of Calamity Jane Queen At Princeton
2014/7/29 7:26:18 - Princeton School Instructor Nominated For NCMC Board
2014/7/29 7:22:54 - Assistance For Veterans Set For August
2014/7/29 6:43:46 - "Sliced Bread Saturday" Planned For Downtown Chillicothe
2014/7/29 4:33:43 - Mike Lair, Dennis McDonald, Candidates For 7th District On Open Line
2014/7/29 4:20:53 - Presbyterian Church In Fulton Named In Abuse Lawsuit
2014/7/29 4:20:00 - 2 Killed, 3 Injured After Woman Drives On Wrong Side Of I-49
2014/7/29 4:14:39 - Slain Family Of 5 Was Murder-Suicide, Police Say
2014/7/29 4:12:12 - Man's Obituary: "Please Don't Email Me, I'm Dead"
2014/7/29 4:08:31 - Police: Missing Franklin County Woman Left To Start New Life Elsewhere
2014/7/29 4:02:59 - Man Charged In Missouri Teens 9-Month Disappearance
2014/7/28 10:20:00 - Trenton City Council Preview Of Tonight's Meeting; Beer Sales Continue To Be Controversial At Fair
2014/7/28 10:18:57 - Trenton Man Injured In Accident Near Jamesport
2014/7/28 10:16:47 - Pursuit In Sullivan And Putnam Counties Ends In Injury Accident
2014/7/28 10:13:41 - Garden Club Seeks Fair Entries
2014/7/28 10:11:35 - Traffic Accident Kills Elderly St. Joseph Man
2014/7/28 9:58:47 - Annual Jameson Picnic To Be Held August 7th Through 9th
2014/7/28 9:55:15 - Tire Collection To Be Held August 9th In Chillicothe
2014/7/28 9:51:41 - Meadville Man Injured In Motorcycle Accident
2014/7/28 9:49:29 - Princeton School Board Releases Executive Session Report
2014/7/28 9:46:23 - Dollar Tree To Buy Family Dollar For $8.5 Billion
2014/7/28 9:39:39 - Missouri "Sales Tax" Holiday This Weekend
2014/7/28 5:52:19 - Motorcycle Accident Injures One; Driver Accused Of DWI
2014/7/28 4:43:45 - Missouri Congressional Hopefuls Run On Low Budgets
2014/7/28 4:39:04 - One Killed In Shooting At University City Alumni Picnic
2014/7/28 4:30:00 - First In Line: Woman Waits Days To See President Obama Speak
2014/7/28 4:20:00 - Bar Catches Heat For Sign Insensitive To Women



Bookmark this article at these sites

                   

Listen to KTTN-FM