Review Agenda Item
Meeting Date: 9/22/2022 - 5:30 PM
Category: FINANCIAL REPORT
Type: Action
Subject: 7.3 Set Property Tax Rate
Comprehensive School Improvement Plan:
2021 - 2022 Goal B-1 Business
Proactively and responsibly manage district growth, finances, and support services to improve student achievement.
Policy: DC - TAXING AND BORROWING AUTHORITY AND LIMITATIONS
Enclosure Tax Rate Hearing Notice - 2022; Estimate of Required Local Taxes - Platte; Estimate of Required Local Taxes - Clay; Prop C Rollback
File Attachment:
Tax Rate Hearing Notice - 2022.pdf
Estimate of Required Local Taxes - Platte.pdf
Estimate of Required Local Taxes - Clay.pdf
Prop C Rollback.pdf
Summary: The tax rate forms are submitted to the Board of Education for review.

It is recommended to the Board of Education that the 2022 total property tax rate be set $5.0193. The recommendation is that the Board levy to the operating ceiling for both the general operating levy as well as the capital projects fund levy and adjust the debt service levy as necessary to maintain the same total levy as tax year 2021. The administration would then set those final rates once all final information is available from the county clerks. With information currently available, this would set the individual levies at $3.1484 in the incidental fund to meet budgetary obligations, and set at $1.4838 in the debt service fund for tax year 2022, and set at $0.3871 for capital projects, making the total levy to the operating ceiling for the Platte County R-3 School District $5.0193 for tax year 2022 (same total levy as in 2020 and 2021).
Funding:
Recommendation: It is recommended to the Board of Education that the 2022 total property tax rate be set $5.0193. The recommendation is that the Board levy to the operating ceiling for both the general operating levy as well as the capital projects fund levy and adjust the debt service levy as necessary to maintain the same total levy as tax year 2021. The administration would then set those final rates once all final information is available from the county clerks. With information currently available, this would set the individual levies at $3.1484 in the incidental fund to meet budgetary obligations, and set at $1.4838 in the debt service fund for tax year 2022, and set at $0.3871 for capital projects, making the total levy to the operating ceiling for the Platte County R-3 School District $5.0193 for tax year 2022 (same total levy as in 2020 and 2021).
Approvals:
Recommended By:
Signed By:
Vicki Diggs - Secretary to the Board of Education
Signed By:
Angie Hughes - Executive Director of Business Services
Signed By:
Dr. Jay Harris - Superintendent of Schools
Vote Results:

Original Motion
Member Shawn Chiddix Moved, Member Karen Bryant seconded to approve the Original motion 'It is recommended to the Board of Education that the 2022 total property tax rate be set $5.0193. The recommendation is that the Board levy to the operating ceiling for both the general operating levy as well as the capital projects fund levy and adjust the debt service levy as necessary to maintain the same total levy as tax year 2021. The administration would then set those final rates once all final information is available from the county clerks. With information currently available, this would set the individual levies at $3.1484 in the incidental fund to meet budgetary obligations, and set at $1.4838 in the debt service fund for tax year 2022, and set at $0.3871 for capital projects, making the total levy to the operating ceiling for the Platte County R-3 School District $5.0193 for tax year 2022 (same total levy as in 2020 and 2021).'. Upon a Roll-Call Vote being taken, the vote was: Aye: 6 Nay: 0.
The motion Carried 6 - 0
   
Sharon Sherwood     Yes
Buffy Smith     Yes
Doug Doll     Yes
Karen Bryant     Yes
Shawn Chiddix     Yes
Mike Matousek     Yes