Property Tax Alert: Missouri

June 2004

Taxpayers were entitled to a partial refund of property taxes paid because a school district's tax levy violated the provision that prohibited a tax assessment that produced revenues that were in excess of the school district's declared needs. The school district argued that by setting its levy below the levy that was set would have constituted a voluntary reduction in the local operating tax levy, resulting in a loss of state aid. However, the school district did not have discretion with respect to reducing or increasing its levy.

Please contact Rash & Associates for more information.