001Mr. Vice President, I move the board approve the September 22nd, 2025 agenda. Motion pass. There's no public comment today. Motion, please. I move that the board approve the proposed tax rate of 5.1994 for incidental and 1.126 for debt service for a total tax rate of 6.32000 in compliance with RSO section 137.073.2 based on the Jackson County notice of assess valuation 2025. Second one discussion discussion. Good evening, Vice President, members of the board. Dr. Mark Knox and our public. Uh, as you're aware, state law mandates that we must set our tax levy rate by the end of September. As you may also be aware, there are 44 taxing jurisdictions in Jackson County with RQS being one of those. Tonight we will share with the public how we established our tax levy rate for the 2526 school
002year. At this time I would like to introduce Miss Jackie Vernon, executive director of business operations to share tonight's presentation. >> Shout out to Miss Jack. >> Good evening, Vice President Newton, Dr. Martin Knox, members of the board. Good evening. Amazing. >> The recommended rate being presented to the board is 5.1994 for the operating levy and 1.1206 for the debt service levy for a total of 632 overall levy. Uh these are the same rates as the past two years. The operating levy is used for the daily operations of the district. It includes salaries and benefits, um, purchase services, supplies, and utilities. The debt service levy is only used to pay for the principal and interest on general obligation bonds. Our assessed valuation as reported by the Jackson County Assessor's Office is 1 billion15 million88,184. This
003is a reduction of $455,569 which is unusual in a reassessment year. Um however the state tax commission sent an order to Jackson County um which resulted in this reduction. >> Mr. President Vice President, >> they sent an order. He said it was different for this year. Why was it >> uh the Missouri State Tax Commission sent Jackson County an order requiring them when they set their 2025 assessments to go back to the 2022 year and assess no more than 15% for 23 and then again no more than 15% for 25 for anyone who had been assessed over that for 2023. So the 2025 assessment is lower than expected and it is lower even than last year which was a non-reassessment year. So >> correct. Thank you. >> Okay. >> So we are estimating a total
004property tax revenue of 62,549,734. While the overall assessed valuation dropped, we do estimate receiving approximately 35,000 more in revenues this year um due to an additional 2 million in new construction. We are able to receive all new taxes generated from new construction. So per realtor.com, the average price home for Raytown is currently $220,000, which would result in a person who had to pay taxes on $220,000 of $2,641.76. This is approximately an increase of $40 over what um would have was assessed for last year. However, that is only due to the fact that that the average priced home went up, not due to our taxes. So, if they had no change in their taxes, they would see no increase. >> Okay. a lot of people coming in here and sitting in their seats asking us again.
005>> I would like to mention that Jackson County did lose their case against the state tax tax commission in April of 2025 regarding the order to lower 2023 and 2024 taxes that have already been paid to school districts. Um, at this time, Jackson County has appealed that ruling. So, we do not know how that will end up, but there could be money that we have to pay back or that where they reduce payments to us if this is if this if they lose the appeal. So, the recommendation is to set the operating levy at 5.1994, the debt service levy at 1.1206 uh for an overall levy of 6.32. Thank you. >> Thank you. >> Any questions? >> No questions. Thank you, M. >> Thank you. >> I trust her. [Music] >> You want to vote?
006Motion passes. Mr. >> President, I move that the board adjourn the special board meeting um special board of education meeting at 5:43 p.m. >> Motion. Motion passes. [Music]