Assessment Notices Are in the Mail
Homeowners to experience a nearly 7% reduction

June 10, 2009 (KANSAS CITY, MO) – Property owners in Jackson County began receiving their assessment notices last week. The mailing process will be completed by Friday June 12.  Missouri passed a statute in 1985 requiring all counties to reassess property values every odd-numbered year.  2009 is the first time since then that the overall average residential values in Jackson County have dropped from one reassessment cycle to the next.

The 2009 reassessment resulted in residential property values being reduced by an average of almost 7% from the previous reassessment in 2007. The average of commercial property values are up slightly while agricultural property values were reduced by an average of just below 2%.

Beginning this year, in order to keep Jackson County property owners fully informed, the County is providing an estimated tax bill. The total estimated amount of tax owed is determined by multiplying the assessed value by the projected tax levy as determined by each individual taxing jurisdiction.  

Jackson County has the responsibility to assess property.  However, the tax levies are set by locally elected officials within each taxing jurisdiction: the school districts, the county, fire districts, cities, etc.

This year the Assessment Department has conducted extensive market studies to address the changing housing economy and adjustments have been made to reflect current market conditions.  However, if a property owner feels that their assessed value does not reflect the fair market value of their property as of January 1, 2009, they are urged to contact the Assessment Department at 816-881-4601, Monday – Friday between 8:00 AM and 5:00 PM on or before June 19.  There are 22 appraisers handling calls on 32 available telephone lines to answer specific questions.  Taxpayers also have the option of appealing to the Board of Equalization (BOE) by calling 816-881-3309 on or before the second Monday in July, (July 13, 2009).

•    Taxable Assessed Value for real estate is down by an average of 4.8% Overall
•    Taxable Assessed Value for Residential real estate is down by an average of 6.8%
•    Taxable Assessed Value for Commercial real estate is up by an average of 0.56%