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2011 Missouri Revised Statutes
TITLE XI EDUCATION AND LIBRARIES
Chapter 162 School Districts
Section 162.202. Consolidation of two or more school districts, tax rate ceiling how calculated.
Universal Citation:
MO Rev Stat § 162.202.
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Consolidation of two or more school districts, tax rate ceiling how calculated.
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
Annotation Copyright Missouri Joint Committee on Legislative Research
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