There is a newer version of the Missouri Revised Statutes
2014 Missouri Revised Statutes
TITLE XI EDUCATION AND LIBRARIES (160-186)
Chapter 162 School Districts
Section 162.202 Consolidation of two or more school districts, tax rate ceiling how calculated.
MO Rev Stat § 162.202 (2014) What's This?
162.202. For purposes of determining the proposed tax rate when two or more school districts are consolidating, the tax rate ceiling of the consolidated district shall be determined by multiplying each district's tax rate ceiling by its total assessed valuation, adding such products and dividing the sum by the combined assessed valuation of the component districts.
(L. 1992 S.B. 581 § 1)
Effective 4-17-92
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