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R-7 Board of Education approves property-tax levy.
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R-7 Board of Education approves property-tax levy.
Sept. 23, 2011
The Lee's Summit R-7 School District Board of Education approved an approximately 5-cent property-tax levy rollup at a tax-rate hearing, held Sept. 22. The tax rollup totals 5.02 cents and is based on each $100 assessed valuation.
This slight property-tax rollup is allowed by state law and provides school districts with the opportunity to regain a portion of revenue lost due to lowered property assessments. Missouri law requires that school districts roll back their tax levies when they see gains in assessment, and the R-7 School District reduced its property-tax levy by approximately 40 cents from 2003 through 2007.
The Board of Education approved an 8-cent rollback in 2007, an 18-cent rollback in 2005 and a 14-cent rollback in 2003, all following increases in property-tax assessment by the county. In addition, the R-7 Board of Education voluntarily reduced tax rates during 1989 through 2004, saving taxpayers over $6 million. The same state law requiring the tax rollbacks also allows districts to roll up their tax levies within their tax-rate ceilings when property assessments decline.
The 5.02-cent property-tax rollup is allowed by state law to offset the overall 2.32 percent decline in property values for 2011. In all, the tax levy will change from $6.0548 to $6.1050 per $100 assessed valuation. The change in the tax levy will help the R-7 School District maintain approximately the same amount of revenue that the district received in previous years.
Even with the slight levy rollup, the R-7 School District continues, for the fourth straight year, to reduce expenses and implement cost avoidance strategies of approximately $22 million for the 2011-12 school year. During this same period, district enrollments have continued to increase by approximately 3 percent.
"Over the past few years, I have been especially grateful to our R-7 staff members who are serving more students each year despite reductions in both budgets and our district workforce," said Dr. David
McGehee, R-7 superintendent. "Our cost-containment has included elimination of close to 7 percent of our workforce with employees taking on additional duties throughout the school district."
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The solution is for government to leave the private sector alone. Stop the excessive regulations, laws, taxes and debilitating, arbitrary rules enforced and enacted by the NRLB. Eliminate the capital gains tax and make it easier for small businesses to access credit. The only way to end the cycle is to allow the private sector to do what it does best - create jobs.