The Mission of the Wright City Fire Protection District is “To Serve, Educate, and Protect our Community.”
During the April election, we were asked many questions about assessment. In our continued efforts to educate our community, we offer the following questions and answers, directly from the listed public sources. For more information, please contact your county Assessor.
Q: Who is responsible for assessing property?
A: “The county Assessor is primarily responsible for assessing property within the county. However, the assessor’s work is subject to review by the county Board of Equalization and the State Tax Commission. The State Tax Commission is the state agency charged with general supervision of assessors and with enforcing property tax laws” (State of Missouri. (n.d.). PROPERTY REASSESSMENT AND TAXATION (State Tax Commission). Retrieved from https://stc.mo.gov/wp-content/uploads/sites/5/2017/01/Property-Reassessment-Pamphlet-1-18-16.pdf). “The Assessor is charged with placing a fair market value on property as of the tax date. The property tax in Missouri is “ad valorem,” meaning the taxes are based on the property value” (Lincoln County Assessor. (2017, February 14). Responsibilities. Retrieved from https://lincolncoassessor.com/).
Q: How are my taxes valued and assessed?
A: By a percentage of the market value. “Once market value has been determined, the assessor calculates a percentage of that value to arrive at the assessed value. The percentage is based on the classification, determined by the type of property, or how it’s used” (How Property Tax Bills are Calculated. (2013, April 12). Retrieved from https://stc.mo.gov/information/how-property-tax-bills-are-calculated/).
Q: What is Market Value?
A: “Market value, true value in money and appraised value have the same meaning under Missouri law. A simple definition of market value is the price the property would bring when offered for sale by a person who is willing but not obligated to sell it, and is bought by a person who is willing but not obligated to purchase it” (Jackson County, MO. (n.d.). What is market value? Retrieved from http://www.jacksongov.org/Faq.aspx?QID=69).
Q: What are the percentages?
A: “The percentages are:
Real Estate = Residential (19%), Agricultural (12%), and Commercial and All other (32%). Personal = Historic Autos (5%), Farm Equipment, Livestock (12%), Grain (.05%), Cars, Boats, and Other (33.33%)” (How Property Tax Bills are Calculated. (2013, April 12). Retrieved from https://stc.mo.gov/information/how-property-tax-bills-are-calculated/).
The Wright City Fire Protection District’s proposed tax rate increase is $0.34 per $100 of assessed valuation.
A market value home of $200,000 is assessed at 19%.
To determine the annual increase with the passage of Proposition S, based on the example home above, calculate $200,000 multiplied by 19%. This equals 38,000. 38,000 multiplied by the tax rate of $0.34 is 129.20. The additional annual cost of this increase for the home in the example is $129.20, less than $11.00 per month.
Determining the value of your property is easy by visiting or calling your local Assessor. Once you have the correct values, please use the free calculator at http://www.wrightcityfire.com/what-will-this-cost-me to determine your approximate cost. Please note, the calculation is based on a residential, single-use property.
If you are not sure which fire district services your area, please refer to the table below. The photo to the right is a Warren County Personal Property tax receipt. The red arrow pointing towards the abbreviation (ABV) F3 indicates you are in the Wright City Fire Protection District.
Treating our citizens and visitors with the highest level of service is our goal and in doing so, we are aware of the fiduciary responsibility placed upon us and appreciate any and all input on Proposition S.
If you have further questions about this issue or your fire protection services, please call the Wright City Fire Protection District at 636-745-2262.
Warren County Fire District Abbreviations:
F1 – Marthasville Fire Protection District
F2 – New Melle Fire Protection District
F3 – Wright City Fire Protection District
F4 – Warrenton Fire Protection District
F5 – New Florence Fire Protection District
F6 – Jonesburg Fire Protection District
F7 – Hawk Point Fire Protection District