Jackson County Commercial Property Tax Assessment Crisis Threatens Price Hikes

For those who might need an overview of the problem . . . We found a great overview.

Locals might be tempted think that this will only impact biz owners: WRONG.

A quick economic axiom: When higher taxes hit local biz, they ALWAYS pass along those prices to customers. 

Sadly, in many instances there's nowhere else to turn and so many residents like to support their local merchants.

 Accordingly . . . This report offers a great summary of the problem that will SLOWLY make it's way to Jeff City amid a wave of complaints . . .  

"While there is a clause for residential properties that assessed tax rates cannot increase more than 15% from the previous year’s assessment, this same stipulation is not implemented for commercial properties. And with no limit to how much this amount can increase from year to year, this year’s tax assessments have hit commercial property owners and will leave what they believe to be a large impact on the county . . . Several property owners have seen a significant increase in the fair market values, and tax assessment rates, for their commercial properties from 2023, including two businesses in particular within the Historic Northeast."

Read more via www.TonysKansasCity.com link . . .

2025 Commercial Property Tax Assessment Results Leave Drastic Impact on Jackson County - Northeast News