The Joplin city council will hold a special meeting tonight to discuss increases in city and public library tax levies. KRPS’s Fred Fletcher-Fierro has more.
Property taxes have been a hot topic in Joplin recently after Proposition Public Safety would have increased residential and commercial property taxes by 17%. But the measure failed earlier this month.
As a result, property taxes will likely remain flat in Joplin at $.1746 per $100 of assessed value. While the tax to support the Joplin Public Library will slightly increase from $.2453 to $.2459 per $100 of assessed value.
The JPL tax increase is a requirement by a Missouri Statute. The total property tax rate in Joplin will increase from $.4199 to $.4205 and is expected to generate about $1.28 million for the city and just over $1.6 million in revenue for the Joplin Public Library.
Speaking of the library, homeowners with properties valued at $100,000 will see their property taxes rise by 12 cents, from $79.78 to $79.90 for every $100 of assessed value. The city’s taxation breakdowns can be found on their website, JoplinMo.org. The special meeting starts tonight at 6.