Tax Entities & Rates

Setting Tax Rates
Property tax rates are set each year by local taxing jurisdictions within the limits set by the Missouri Constitution and laws. Rates are based on the revenues that had been permitted for the prior year with an allowance for growth based on the rate of inflation.

Rate Calculation
Projected revenue needs for the current taxable year are divided by assessed valuation of the taxing jurisdiction with values from new construction and improvements, and any increments in personal property valuation, held aside. The resulting tax rate becomes the permitted rate for the year if it falls within the ceiling permitted that local government.

Property Tax Formula
Property taxes are found using this formula: Property Tax = (Assessed Value/100) * Tax Rate

Levying Taxes
Taxes are levied against property based on the rates as permitted by voters, collected by the collector and then distributed back to the taxing entities. In other words, the Butler County Collector bills and collects property taxes on behalf of the taxing entities within the county.

Total Tax Rate
The total tax rate is based on property location and applicable taxing entities.