ORDINANCE NO. 260850
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Sponsor: Director of Finance Department
Amending Ordinance No. 260207 by repealing Section 1 and enacting in its place a new Section 1 adjusting tax levy rates for the General Fund, Health Levy Fund, General Debt and Interest Fund, and Museum Special Revenue Fund; and recognizing this ordinance as having an accelerated effective date.
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BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section A. That Ordinance No. 260207 is hereby amended by repealing Section 1 and enacting a new Section 1 in its place to read as follows:
Section 1. That taxes for Fiscal Year 2026-27, commencing on the first day of May 2026, in the total amount of one dollar fifty and seventy-three hundredth cents ($1.5073) per hundred dollars, shall be and are levied on all property within the City subject to taxation on January 1, 2026, under the Constitution and laws of the State of Missouri, both real and tangible personal, subject to the provisions contained in Section 2 of this ordinance, as follows:
FIRST: A general tax of fifty-three and twelve hundredth cents ($.5312) on each hundred dollars of the assessed valuation of all such taxable property is levied and imposed for municipal operating purposes, to be credited to the General Fund.
SECOND: A general tax of fifty-three and fourteen hundredth cents ($.5314) on each hundred dollars of assessed valuation of all such taxable property is levied and imposed for municipal operating expenses for hospitals and public health purposes, to be credited to the Health Levy Fund.
THIRD: The Council, pursuant to authority granted under Section 92.031, RSMo, in the alternative, elects to levy and impose a tax for debt service of forty-three cents ($.4300) on each hundred dollars of assessed valuation of all such taxable property, which tax is necessary for the maintenance of the General Debt and Interest Fund for the redemption of the outstanding general obligation bonds of the City maturing in Fiscal Year 2026-27...
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