> Reassessment Frequently Asked Questions
There are approximately 296,000 real estate parcels in Jackson County, Missouri. Since 1985, State law has required counties to reassess real estate property every two years (in odd-numbered years, e.g. 2013, 2015, etc.), based upon fair market value — the price a willing buyer will pay a willing seller. State-mandated reassessment covers all real estate property (residential, agricultural, and commercial) in Jackson County. In a reassessment year, all property owners will receive a notice, even if their values did not change.
An assessment notice is not a tax bill and does not set your taxes; it assigns an estimated value to your property. While a higher value can eventually lead to a higher property tax bill, most jurisdictions are required to use a “rollback” that protects taxpayers from steep increases due to reappraisal in a single year. Jackson County has such a mandatory rollback. Local governments such as school districts, cities, and counties each set their own levies. Most are subject to the rollback. The main exception is the Kansas City School District which was made exempt to the rollback by constitutional amendment. The exact impact upon your individual tax bill can not be calculated until this fall when state and local governments set their levies.
The actual tax levies will be set this fall by your local school boards, city councils, water districts, fire districts, library districts, the County Legislature, and other district boards. Your real property tax bill will be calculated based on the following general formula:
|* The percentage is based on the classification. The percentages are:
|Commerical & All Other
Questions, Informal Reviews and BOE Appeals
If you are not satisfied with the estimated 2015 market value placed on your property or you feel your reassessment notice is incorrect, you may request an Informal Review with the Assessment Department by calling (816) 881-4601 during regular business hours (8:00 a.m. – 5:00 p.m., Monday – Friday, excluding holidays observed by Jackson County) or by requesting an Informal Review online at jacksongov.org/review on or before June 12, 2015.
CLICK HERE for more information about the informal review process, including guidelines and details about formal BOE appeal policies and procedures.