Tax rates in Raymore
Posted By J.T. on April 26, 2009
Here is the info for sales tax and property tax in Raymore -
| City | Sales | 1.000 | ||
| Transportation | 0.500 | |||
| Capt. Improvement | 0.500 | |||
| Park/Stormwater | 0.500 | |||
| Total City |
2.500 |
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| State | Sales | 3.000 | ||
| Conservation | 0.125 | |||
| Education | 1.000 | |||
| Parks & Soils | 0.100 | |||
| Total State |
4.225 |
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| County | Sales |
0.500 |
||
| Road & Bridge |
0.250 |
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| Law Enforcement |
0.250 |
|||
| Justice Center |
0.250 |
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| Total County |
1.250 |
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| Fire District | ||||
| South Metro Fire |
0.500 |
|||
| Total Fire District |
0.500 |
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| Total City of Raymore Sales Tax |
8.475% |
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There is also a “special district” that imposes an additional sales tax. From Cynthia L. Freeman, Financial Analyst for Raymore: “The 58 Hwy Market Center CID (Price Chopper, etc.) is the only district currently assessing additional sales taxes for their districts. The additional sales tax can not exceed one-half cent, which is what is currently being charged by the district. This would bring the total sales tax charged at Price Chopper 8.975%
Current property tax levy for Raymore:
Assessed property values are determined by taking the market value,as determined by the county assessor, times the assessment ratio. Assessment ratios are commercial at 32%, residential at 19%, and agricultural at 12%. Tax is paid on each $100 of assessed value.
| Hospital |
0.1335 |
|
| Cass County Road & Bridge |
0.2480 |
|
| City-Raymore |
1.3068 |
|
| State |
0.0300 |
|
| South Metro Fire |
0.6618 |
|
| Library |
0.1525 |
|
| South Metro Ambulance |
0.3681 |
|
| Sheltered Workshop |
0.0381 |
|
| Ray-Pec Schools |
5.0397 |
|
|
7.9785 |
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So a home valued at $100,000 is assessed at $19,000 would have $1,151.91 in property taxes or $19,000/100 * 7.9785 =1,515.91.
Franchise Fee - The City collects franchise fees on all utilities. The rate is 7% on everything except cable television, which is 5%.
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