Calculation and Revision of Property Tax Rates by School Districts

PURPOSE: This rule clarifies the current procedure that applies to all school districts and is designed to implement section 137.073, RSMo, as it applies to calculating and revising property tax rates. Under the Missouri Constitution, Article X, Section 22, and section 137.073, RSMo, school districts must calculate their annual tax rate ceilings and submit them to the Missouri State Auditor’s Office. (1) The following forms may be used by school districts as applicable to substantiate the tax rate ceilings before submission of the information via the Missouri State Auditor’s Office website portal, which is accessible by obtaining a username and password from the Missouri State Auditor’s Office. If a school district is unable to submit the information via the website, the school district may submit these forms via mail to, Missouri State Auditor’s Office, Attention: Tax Rate Section, PO Box 869, Jefferson City, MO 65102. (2) Single Tax Rate—The following forms with instructions for single tax rate review have been adopted and approved for use by school districts (not wholly in St. Louis County): (A) Summary Page, included herein; (B) Form A, included herein; (C) Form B, included herein; (D) Form C, included herein; (E) Informational Data, included herein; (F) Form G, included herein; and (G) Form H, included herein. (3) Multi Tax Rate—The following forms with instructions for multi tax rate review have been adopted and approved for use by school districts levying a separate rate on each subclass of property (wholly in St. Louis County): (A) Summary Page, included herein; (B) Form A, included herein; (C) Form B, included herein; (D) Form C, included herein; (E) Informational Summary Page, included herein; (F) Informational Form A, included herein; (G) Informational Form B, included herein; (H) Form G, included herein; and (I) Form H, included herein. (4) If revisions or amendments to any information on the tax rate forms need to be made after submission to the State Auditor’s Office, the revisions shall be made via the Missouri State Auditor’s Office website portal. Prior year tax rate ceiling as defined in Chapter 137, RSMo, revised if the prior year data changed or a voluntary reduction was taken in a non-reassessment year (Prior year Summary Page, Line F minus Line H in odd numbered year or prior year Summary Page, Line F in even numbered year) B. Current year rate computed pursuant to Article X, Section 22, of the Missouri Constitution and Section 137.073, RSMo, if no voter approved increase (Form A, Line 22) C. Amount of rate increase authorized by voters if same purpose (Form B, Line 8) OR Increase to the total operating levy up to $2.75 per Amendment 2, if applicable Date the School Board decided to use Amendment 2 (if using) D. Rate to compare to maximum authorized levy to determine tax rate ceiling (Line B if no election, otherwise Line C ) E. Maximum authorized levy greater of the 1984 rate or most recent voter approved rate F. Current year tax rate ceiling maximum legal rate to comply with Missouri laws Political subdivisions tax rate (Lower of Line D or E) G1. Less required Proposition C (sales tax) reduction taken from tax rate ceiling (Line F), if applicable Circle the type of waiver your district has Full Partial No Attach a copy of the DESE Prop C Reduction Worksheet if there is no waiver. G2. Less 20% required reduction 1st class charter county school district NOT submitting an estimated non-binding tax rate to the county(ies) taken from tax rate ceiling (Line F) H. Less voluntary reduction by school district taken from tax rate ceiling (Line F) WARNING: A voluntary reduction taken in an even numbered year will lower the tax rate ceiling for the following year. I. Plus allowable recoupment rate added to the tax rate ceiling (Line F) If applicable, attach Form G or H. J. Tax rate to be levied (Line F - Line G1 - Line G2 - Line H + Line I) AA. Rate to be levied for debt service, if applicable (Form C, Line 12) BB. Additional special purpose rate authorized by voters after the prior year tax rates were set (Form B, Line 8 if a different purpose) Certification I, the undersigned, (Office) of (School District) levying a rate in (County(ies)) do hereby certify that the data set forth above and on the accompanying forms is true and accurate to the best of my knowledge and belief. Please complete Line G through BB, sign this form, and return to the county clerk(s) for final certification. (Date) (Signature) (Print Name) (Telephone) Proposed rate to be entered on tax books by the county clerk based on the certification from the political subdivision: Lines J AA BB Section 137.073.7 RSMo, states that no tax rate shall be extended on the tax rolls by the county clerk unless the political subdivision has complied with the foregoing provisions of this section. (Date) (County Clerk's Signature) (County) (Telephone) The information to complete the Summary Page is available from prior year forms, computed on the attached forms, or computed on this page. Information on this page takes into consideration any voluntary reduction(s) taken in previous even numbered year(s). If in an even numbered year, the political subdivision wishes to no longer use the lowered tax rate ceiling to calculate its tax rate, it can hold a public hearing and pass a resolution, a policy statement, or an ordinance justifying its action prior to setting and certifying its tax rate. The information in the Informational Data, at the end of these forms, provides the rate that would be allowed had there been no previous voluntary reduction(s) taken in an even numbered year(s). For Political Subdivision Use in Calculating its Tax Rate (Form Revised 04-2021) Summary Page Summary Page Name of Political Subdivision Political Subdivision Code Purpose of Levy For School Districts Levying a Single Rate on All Property XX/XX/20XX PRO FORMA - STATE AUDITOR'S REVIEW OF DATA SUBMITTED The final version of this form MUST be sent to the county clerk. (20XX) Since the prior year tax rate computation, some political subdivisions may have held elections where the voters approved an increase to an existing tax or approved a new tax. Form B is designed to document the election. 1. Date of election 2. Ballot language Attach a sample ballot or state the proposition posed to the voters exactly as it appeared on the ballot. 3. Election results (Yes) (No) 4. Expiration date Enter the last year the levy will be in effect, if applicable. 5. New Proposition C waiver Indicate whether the district obtained a new waiver to eliminate part or all of the required Proposition C Reduction. Indicate the election results on the Proposition C waiver (Yes) (No) 6. Amount of increase approved by voters (An "increase/decrease of/by") OR (a) Stated Rate Approved by Voters (An "increase/decrease to") (b) Form B (Form Revised 04-2021) Calculation ofNew Voter Approved Tax Rate or Tax Rate Increase Form B Name of Political Subdivision Political Subdivision Code Purpose of Levy For School Districts Levying a Single Rate on All Property XX/XX/20XX PRO FORMA - STATE AUDITOR'S REVIEW OF DATA SUBMITTED The final version of this form MUST be sent to the county clerk. (20XX) Prior year tax rate ceiling or voluntarily reduced rate to apply voter approved increase to (Summary Page, Line A if increase to an existing rate, otherwise 0) 7. Voter approved increased tax rate to adjust (If an "increase of/by" ballot, Line 6a + Line 7, if an "increase to" ballot, Line 6b) 8. Informational Summary Page A. Prior year tax rate ceiling (Prior year Informational Summary Page, Line F) B. Current year rate computed (Informational Form A, Line 22 below) C. Amount of increase authorized by voters for current year (Informational Form B, Line 8 below) D. Rate to compare to maximum authorized levy (Line B if no election, otherwise Line C) E. Maximum authorized levy Greater of the 1984 rate or most recent voter approved rate F. Tax rate ceiling if no voluntary reductions were taken in a prior even numbered year (Lower of Line D or E) Informational Form B 7. Prior year tax rate ceiling to apply voter approved increase to (Informational Summary Page, Line A if increase to an existing rate, otherwise 0) 8. Voter approved increased tax rate to adjust (If an "increase of/by" ballot, Form B, Line 6a + Line 7, if an "increase to" ballot, Form B, Line 6b) Based on Prior Year Tax Rate Ceiling as if No Voluntary Reductions were Taken Informational Form A 9. Percentage increase in adjusted valuation (Form A, Line 4 - Line 8 / Line 8 x 100) 10. Increase in Consumer Price Index (CPI) certified by the State Tax Commission 11. Adjusted prior year assessed valuation (Form A, Line 8) 12. (2019) Tax rate ceiling from prior year (Informational Summary Page, Line A from above) 13. Maximum prior year adjusted revenue from locally assessed property that existed in both years (Line 11 x Line 12 / 100) 14. Maximum prior year adjusted revenue from state assessed property before reductions, provided by DESE 15. Total adjusted prior year revenue(Line 13 + Line 14) 16. Permitted reassessment revenue growth The percentage entered on Line 16 should be the lower of the actual growth (Line 9), the CPI (Line 10), or 5%. A negative figure on Line 9 is treated as a 0 for Line 16 purposes. Do not enter less than 0, nor more than 5%. 17. Additional reassessment revenue permitted (Line 15 x Line 16) 18. Total revenue permitted in current yearfrom property that existed in both years (Line 15 + Line 17) 19. Estimated current year revenue from state assessed property before reductions, estimated by school district 19a New construction and improvements (Line 19 - Line 14, if negative enter 0) 19b Adjusted estimated current year revenue from state assessed property before reductions (Line 19 - Line 19a) 20. Revenue permitted from existing locally assessed property (Line 18 - Line 19b) 21. Adjusted current year assessed valuation (Form A, Line 4) 22. Maximum tax rate permitted by Article X, Section 22, and Section 137.073, RSMo, if no voluntary reduction was taken (Line 20 / Line 21 x 100) This page shows the information that would have been on the line items for the Summary Page, Form A, and/or Form B had no voluntary reduction(s) been taken in prior even numbered year(s). The information on this page should not be used in the current year unless the taxing authority wishes to reverse any voluntary reduction(s) taken in prior even numbered year(s) and follows the following steps in an even numbered year. Step 1 The governing body should hold a public hearing and adopt a resolution, a policy statement, or an ordinance justifying its action prior to setting and certifying its tax rate. Step 2 Submit a copy of the resolution, policy statement, or ordinance to the State Auditor's Office for review. Informational Data (Form Revised 04-2021) Informational Data Name of Political Subdivision Political Subdivision Code Purpose of Levy For School Districts Levying a Single Rate on All Property XX/XX/20XX PRO FORMA - STATE AUDITOR'S REVIEW OF DATA SUBMITTED (20XX) A. Prior year tax rate ceiling as defined in Chapter 137, RSMo, revised if prior year data changed or a voluntary reduction was taken in a non-reassessment year (Prior year Summary Page, Line F minus Line H in odd numbered year or prior year Summary Page, Line F in even numbered year) B. Current year rate computed pursuant to Article X, Section 22, of the Missouri Constitution and Section 137.073 RSMo, if no voter approved increase (Form A, Line 41 & Line 27 prior method) C. Amount of rate increase authorized by voters if same purpose (Form B, Line 9 & Line 12 prior method) OR Increase of the total operating levy up to $2.75 per Amendment 2, if applicable Date the School Board decided to use Amendment 2: D. Rate to compare to maximum authorized levy to determine tax rate ceiling (Line B if no election, otherwise Line C) E. Maximum authorized levy greater of the 1984 rate or most recent voter approved rate F. Current year tax rate ceiling maximum legal rate to comply with Missouri laws G. 1. Less required Proposition C (sales tax) reduction taken from tax rate ceiling (Line F), if applicable. Circle the type of waiver your district has. Full Partial No Attach a copy of the DESE Prop C Reduction Worksheet if there is no waiver. G. 2. Less 20% required reduction 1st class charter county school district NOT submitting an estimated non-binding tax rate to the county(ies) taken from tax rate ceiling (Line F) H. Less voluntary reduction by school district taken from tax rate ceiling (Line F) WARNING: A voluntary reduction taken in an even numbered year will lower the tax rate ceiling for the following year. I. Plus allowable recoupment rate added to tax rate ceiling (Line F) If applicable attach Form G or H. J. Tax rate to be levied (Line F - Line G1 - Line G2 - Line H + Line I) AA. Rate to be levied for debt service, if applicable (Form C, Line 12) BB. Additional special purposed rate authorized by voters after the prior year tax rates were set (Form B, Line 9 & Line 12 prior method if a different purpose) Real Estate Personal Property Commercial Residential Prior Method Single Rate Agriculture (Date) (County Clerk's Signature) (County) (Telephone) The information to complete the Summary Page is available from prior year forms, computed on the attached forms, or computed on this page. Information on this page takes into consideration any voluntary reduction(s) taken in previous even numbered year(s). If in an even numbered year, the political subdivision wishes to no longer use the lowered tax rate ceiling to calculate its tax rate, it can hold a public hearing and pass a resolution, a policy statement, or an ordinance justifying its action prior to setting and certifying its tax rate. The information on the Informational Summary Page, at the end of these forms, provides the rate that would be allowed had there been no previous voluntary reduction(s) taken in an even numbered year(s). Proposed rate to be entered on tax books by county clerk based on the certification from the political subdivision: Lines: J AA BB CERTIFICATION I, the undersigned, (Office) of (Political Subdivision) levying a rate in (County(ies)) do hereby certify that the data set forth above and on the accompanying forms is true and accurate to the best of my knowledge and belief. Please complete Line G through BB, sign this form, and return to the county clerk(s) for final certification. (Date) (Signature) (Print Name) (Telephone) Section 137.073.7 RSMo, states that no tax rate shall be extended on the tax rolls by the county clerk unless the political subdivision has complied with the foregoing provisions of the section. (Form Revised 04-2021) Summary Page Summary Page Name of Political Subdivision Political Subdivision Code Purpose of Levy For School Districts Calculating a Separate Rate on Each Subclass of Property XX/XX/20XX PRO FORMA - STATE AUDITOR'S REVIEW OF DATA SUBMITTED The final version of this form MUST be sent to the county clerk. (20XX) Next Section Next Section