Property tax levy rate assessments vary widely

This Oct. 24, 2016, file photo shows dollar bills. (AP Photo/Mark Lennihan)
This Oct. 24, 2016, file photo shows dollar bills. (AP Photo/Mark Lennihan)

Determining the property tax levy rate for any person is not an easy task.

In Moniteau County, the tax levy rate on any property is dependent of where it is located. The rate will differ because of what school district, fire district and city in which the property is located.

Each property tax rate is set by the board of directors of each of the school districts and the fire districts, as well as the board of aldermen for each of the cities in the county. Each entity sets a property tax levy rate based on what the state allows, given what was originally approved by the voters. These tax levy rates are then provided to the local county government. Then the tax is calculated which is to be levied on each piece of taxable real or personal property.

Next year, the rate will also differ because of what library district the property may be located in, but this year, residents get a break since there are no 2018 library taxes.

What many residents may not realize, is that Moniteau County property falls within the bounds of 11 different school districts and seven different rural fire districts. It may also fall within the city limits of five different towns. Each of those affect the amount of tax levied on a particular piece of property.

The highest school tax district is Prairie Home R-5 school district at $4.87810 per each $100 of assessed valuation, while the lowest is Morgan County R-2, Versailles, at $2.96570. The highest rural fire protection district is Moreau at $0.55000 and the lowest is California at $0.19410. Of the five city property taxes, Clarksburg is the highest at $0.94700 cents and California is the lowest at $0.58370.

Of course, everyone is assessed the property taxes for the following: State - $0.03000; County General Revenue - $0.18740; County Road & Bridge - $0.24680; County Health Department - $0.14990; and County SB 40 Board - $0.11820.

There is no property tax levied for the 911 Emergency Dispatch Center. That entity is funded through a sales tax. There is also no property tax levy this year for Mid-Mo Ambulance District. The ambulance district is subsidized through a sales tax collected in both Moniteau and Morgan counties.

The property tax levy rates per each $100 of assessed valuation follow.

Schools

R-1 California - $3.94310

R-3 High Point - $4.41700

R-5 Latham - $3.49160

R-6 Tipton - $3.96560

C-1 Jamestown - $4.64980

C-2 Clarksburg - $4.59890

Cooper County R-1 Boonville - $4.42900

Cooper County R-5 Prairie Home - $ 4.87810

Cole County R-1 Russellville - $4.46000

Miller County R-1 Eldon - $3.56000

Morgan County R-2 - $2.96570

Fire Districts

California Rural Fire - $0.19410

Tipton Rural Fire - $0.24030

Fortuna Rural Rural Fire - $0.28120

Jamestown Rural Fire - $0.43130

Moreau Fire District - $0.55000

Regional West Fire - $0.29270

Russellville-Lohman -$0.30000

Cities

California - $0.58370

Clarksburg - $0.94700

Jamestown - $0.85250

Lupus - $0. 65870

Tipton - $0.73510