Monday, May 11, 2020
TKC BREAKING AND EXCLUSIVE NEWS!!! JACKSON COUNTY STILL PLANS ANOTHER EPIC PROPERTY TAX INCREASE DESPITE CORONAVIRUS AND GOP PUSH BACK!!!
The collapse of the American economy and the highest unemployment levels since The Great Depression haven't changed the desperate need for cash at the Courthouse.
In fact, despite the influx of federal stimulus there's still a realization that money will be harder to come by in the next decade.
Accordingly . . .
INSIDERS CONFIRM ANOTHER EPIC PROPERTY TAX INCREASE REMAINS IN THE WORKS DESPITE DRASTIC CHANGES IN THE LOCAL ECONOMY OVER THE COURSE OF THE PANDEMIC!!!
Remember that in February, Jackson County administrator Troy Schulte told us that property taxes could skyrocket again. But then the world quickly changed and the pandemic changed American life forever.
Sadly, global upheaval still didn't shift local, political reality but only served to confirm their far reaching power that downtown officials can wield.
Remember that the County doesn't have to do anything, ask for permission or even conduct new assessments to raise taxes a whopping 15% across the board. Beyond that there's a greater threshold. Let's not forget that many residents continue to appeal their last assessments during the lockdown.
Meanwhile, at the State level there's a push to make the assessor an elected position and limit the power of the Executive when it comes to property taxes. Both of these efforts have already passed thru the house unreported by local MSM. Whilst there's progress on that front, it won't come in time to prevent another 2021 property tax spike.
Never mind that the pandemic has virtually stopped the real estate market in its tracks and very few houses are being sold for any kind of decent profit during the COVID-19 economic crisis.
This could be the last chance for Exec White to see an influx of revenue and he'll get little opposition from across the street at City Hall given that KCMO also DESPERATELY needs more cash.
Accordingly . . .
The guidance that insiders reveal is that homeowners remain the last cash cow for politicos and the only source of reliable revenue during harsh time wherein the public is hesitant to vote for more taxes and the economic crash has dried up nearly every other source of homegrown income for local governments.
Developing . . .