Property Tax Increase

Used to live in Polk County. The assessor watches new listings in the MLS so they can raise assessments as soon as possible even if your house doesn't sell right away.
Now live in Columbia, MO. Missouri does not allow sale prices of real estate to be publicly disclosed. As a retired banker & realtor, I find this to be ridiculous. However, real estate taxes are lower & stable. My real estate taxes have increased only $211 in four years. State income taxes are also lower in Missouri & the weather is much better. However, sales tax is 5.6% on food & 8.6% on everything else.

Yeah, but it's Missouri, sooo...

And as I already mentioned, if Polk County really does that they aren't very good at it. I bought my house almost 4 years ago for $200k. At that time it was assessed at $168k with the full finished basement unknown to the assessor. Fast forward to this year, we just accepted an offer for just under $240k, and it's currently assessed for $178k (still no mention of finished basement).
 
I used to love to listen to city council talk about not raising taxes for several years. Rate stayed the same but assessments kept increasing all the time. Worst part was these bumbling fools probably actually believed they weren’t raising taxes by holding the rate the same but watching assessments rocket up.
 
This is why the county assessors are roaming our neighborhood. My neighborhood is above average on the economic scale. So they troll around looking for anyone improving their property. Most all my neighbors tell stories about them "just stopping by" when they happen to have a contractor vehicle in their driveway.

They also can't decide how many supervisors they want. The county increased from 3 to 5 a few years ago, some people got pissed when they found out each supervisor was making 100K salary, so they voted to move back to 3.

Holy Cow County Supervisors making 100,000 that's criminal.
 
  • Agree
Reactions: Remo Gaggi
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Hey I was driving on that road 2 weeks ago.
 
  • Funny
Reactions: aauummm and BCClone
Grimes, Mine went up 21,700 overall 8% increase. I'm sure our taxes will now be north of
$6,500. Seems like a lot to me basically $550 a month
 
I used to love to listen to city council talk about not raising taxes for several years. Rate stayed the same but assessments kept increasing all the time. Worst part was these bumbling fools probably actually believed they weren’t raising taxes by holding the rate the same but watching assessments rocket up.
Look at the dollars taxed. Everything else is smoke and mirrors.
 
Look at the dollars taxed. Everything else is smoke and mirrors.

It’s like these community block grants also. They take local and state tax dollars to refurbish these homes for people who can’t afford to fix up their homes. When done these houses are vastly improved. Assessor comes through and jacks up the assessment on the house, their taxes shoot up and they can’t afford to pay the property taxes. Love the wonderful help they get here.
 
It’s like these community block grants also. They take local and state tax dollars to refurbish these homes for people who can’t afford to fix up their homes. When done these houses are vastly improved. Assessor comes through and jacks up the assessment on the house, their taxes shoot up and they can’t afford to pay the property taxes. Love the wonderful help they get here.

My experience as a former city councilman was the $25,000 CDBG rehab program only increased the assessment by around $10,000. With the rollback, the increase was around $180 per year. Most of the houses got new roofs. Much of the spending was for repairs and not considered an improvement. Not one recipient bitched about the increased taxes. They were truly appreciative of the assistance.

I would rather have my tax money spent helping those in need rather than on corporate welfare.
 
  • Agree
Reactions: mb7299
My experience as a former city councilman was the $25,000 CDBG rehab program only increased the assessment by around $10,000. With the rollback, the increase was around $180 per year. Most of the houses got new roofs. Much of the spending was for repairs and not considered an improvement. Not one recipient bitched about the increased taxes. They were truly appreciative of the assistance.

I would rather have my tax money spent helping those in need rather than on corporate welfare.

25k?, the ones I listened to were the city dumping 20-25k and other sources were in that 200-250k from the non owner sources. Believe it was city out 10% down.

They had roofs, complete new electric, some plumbing, and other things I don’t remember. I know one lady got it sided. I remember the city one time was banging on doors and begging people to do it (they had to front some of the expense for this one) so they wouldn’t lose any money. If they couldn’t get enough, their amount stayed the same but the match went down.
 

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