[Ord. No. 94-03(03-94) §§A
— B, 11-29-1994]
A. Residential Property To Be Assessed At Occupancy. A building
or other structure classified as residential property pursuant to
Section 137.016, RSMo., newly constructed and occupied on any parcel
of real property, shall be assessed and taxed on such assessed valuation
as of the first (1st) day of the month following the date of occupancy
for the proportional part of the remaining year at the tax rates established
for that year in all taxing jurisdictions located in the County. Newly
constructed residential property which has never been occupied shall
not be assessed as improved real property until such occupancy or
the first (1st) day of January of the second (2nd) year following
the year in which construction of the improvements was completed.
B. Procedures Applicable To Assessment Of New Construction At Occupancy. In assessing newly constructed buildings or other structures on residential property at occupancy pursuant to Subsection
(A), the Director of the Assessment Department shall follow the procedures set out in Section 137.082, RSMo.
[Ord. No. 97-0 §A, 1-9-1997]
The cut-off date for assessments upon occupancy under Section
137.082, RSMo., shall be September thirtieth (30th) of each year.
[Ord. No. 04-09 §§1 —
3, 10-28-2004]
A. The
County of Cass hereby exercises its statutory right to opt-out of
the provisions of Section 137.073, RSMo., which establishes the way
property tax is assessed in the State by requiring separate tax rates
for each class of property.
B. This
Section shall be in force and effect from and after the date of its
passage and approval.
C. For
the purposes of applying the opt-out provision of this bill, a political
subdivision contained within two (2) or more Counties where at least
one (1) of such Counties has opted out and at least one (1) of such
Counties has not opted out shall calculate the separate rates for
the three (3) subclasses of real property and the aggregate class
of personal property as required by Section 137.073, RSMo., provided
that such political subdivision shall also provide a single blended
rate in accordance with the procedure for determining a blended rate
for school districts in Subdivision (1) of Subsection (6) of Section
137.073, RSMo. Such blended rate shall be used for the portion of
such political subdivision that is situated within any County that
has opted out. A Governing Body of a City not within a County or a
County that has opted out under the provisions of this Subsection
may choose to implement the provisions of this Section and Sections
137.073, 138.060 and 138.100, RSMo., as enacted by House Bill 1150
of the Ninety-First General Assembly, Second Regular Session and Section
137.073, RSMo., as modified by this act, for the next year of general
reassessment by an affirmative vote of the Governing Body prior to
December thirty-first (31st) of any year.