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Owners of the proposed Royals stadium won’t pay property taxes because the land it's on would belong to Jackson County. That means tax beneficiaries like the Kansas City Public Library may lose out on property tax revenue that makes up 95% of their budget.
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KCPS said it landed a guarantee that it would not lose property tax funding if voters pass the stadium sales tax extension on April 2. But libraries and mental health services also stand to lose tax revenue, and say they haven’t been approached by the Royals.
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Under the law passed last session, Missouri counties can decide whether to enact a property tax freeze for seniors. Jackson County has already taken advantage of the law. Now, lawmakers are trying to clarify it.
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Democratic Gov. Laura Kelly released her tax proposal on the first day of the 2024 legislative session. While s he has support from a handful of Republican lawmakers, GOP leaders are expected to again pursue a single-rate income tax system.
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The announcement that hearings will be pushed to an indefinite time comes days after an audit slammed the assessment process and after a lawsuit from the Missouri Attorney General.
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The lawsuit from Republican Andrew Bailley alleges that Jackson County's assessment process was unlawful and filled with systemic failures, “from failing to provide proper notice and inspections under the law, to coercing property owners to drop their appeals."
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Lenexa is set to elect a new mayor for the first time in 20 years this November. Vying to replace him are two sitting members of the Lenexa City Council, Ward 1 councilmember Joe Karlin and Ward 4 councilmember Julie Sayers.
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Missouri adopted a law this year that lets counties freeze property tax assessment when homeowners become eligible for Social Security. Jackson County and four other counties have already made the decision to give seniors a tax break — but others worry about how it will affect their budgets.
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In September 2022, the Kansas City Council approved a tax break program for homeowners on the Westside who saw their home values skyrocket. So far, 53% of all homeowners have signed up for the program, which cuts property taxes to a percentage of their income and, for some, freezes it at that level for 25 years.
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So far, 53% of all homeowners on the Westside have signed up for the program, which cuts property taxes to a percentage of their income and, for some, freezes it at that level for 25 years.
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Supporters of abortion rights in Missouri are weighing whether a potential 2024 ballot initiative should make big moves to legalize abortion again — or take a more incremental approach to repealing the strict ban. Plus: Kansas lawmakers are taking notice as homeowners complain about fast-rising property taxes.
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Republicans want to cap property value increases each year, while Democrats want to shift the tax burden away from residential homeowners to businesses and farms. But a tax expert argues both may be too wide-reaching