Search Press Releases

Press Release Archive

Press Releases

  |   Views: 8669

City to Ask for Levy Fund Reallocation on April 6 Ballot

On April 6, voters in Lee’s Summit will be asked to consider a ballot question allowing the City to reallocate a portion of its property tax levy, transferring 10 cents per $100 of assessed valuation from the debt service fund to the general operations fund. If passed, the reallocated funds can be used to address municipal building maintenance, enhance digital capabilities and invest in the City’s workforce.

The overall levy of $1.4563 per $100 of assessed valuation is not projected to change and is not accompanied by an overall tax increase. If the question is approved, it is the intention of the City Council to reduce the debt service levy rate by the equivalent amount.

The property tax levy is comprised of three funds with rates currently set at $0.8384 for the general operations fund, $0.1482 for the parks operations fund and $0.4697 for general obligation debt service. Approval of the ballot question would transfer 10 cents per $100 of assessed valuation from the debt service fund to the general operations fund. The new rates would be set at $0.9384 for the general operations fund, $0.1482 for the parks operations fund and $0.3697 for general obligation debt service using current valuations.

The reallocation is projected to shift approximately $2.3 million annually to the general fund operating budget. The transfer of funds can help support additional digital capabilities aimed at increasing convenience and flexibility for citizens, building maintenance needed to extend the life of City facilities, and investment in the City’s workforce to attract and retain qualified individuals committed to public service.

For more information about the April 6 ballot question, visit cityofLS.net/April-Election.

Paid for by the City of Lee's Summit | William A. Baird, Mayor
220 SE Green St., Lee's Summit, MO 64063

Print

Latest Press Releases

Tour de Lakes 2024
Tour de Lakes 2024

Tour de Lakes 2024

Tour de Lakes 2024 Calling all cycling enthusiasts! Mark your calendars for the 22nd Annual Tom Logan Memorial Tour de Lakes, which will take place on Saturday, June 22nd, 2024 at 7am. This fully supported ride offers something for everyone. Choose from scenic routes ranging from 10 miles around Longview Lake to a more challenging 64-mile adventure encompassing all five lakes: Longview, Raintree, Lakewood, Blue Springs, and Lake Jacomo.  
Fire Damages Manufacturing Business
Fire Damages Manufacturing Business

Fire Damages Manufacturing Business

On Wednesday, May 29, 2024, at 11:08 a.m., the Lee's Summit Fire Department responded to a reported structure fire at 11 SW Industrial Drive at Newco Manufacturing. The caller reported a fire in the paint room.  When the fire department arrived, heavy smoke was visible from a large single-story commercial building. The fire quickly spread from the paint booth to a nearby storage area, partially collapsing the roof. Firefighters fought the fire from a...
The Addition of Adult Changing Tables at LSPR
The Addition of Adult Changing Tables at LSPR

The Addition of Adult Changing Tables at LSPR

Addressing a Universal Need: While public restrooms typically accommodate the diaper-changing needs of young children, there is growing recognition for inclusive facilities that can accommodate adults as well. Individuals who care for loved ones with disabilities often face limitations in venturing out due to concerns about accessible changing tables. Eitass Grant Supports Inclusion: Eitass awarded Lee's Summit Parks and Recreation (LSPR) a grant to...
City of Lee’s Summit to Host Stream Team and RecycleFEST
City of Lee’s Summit to Host Stream Team and RecycleFEST

City of Lee’s Summit to Host Stream Team and RecycleFEST

To celebrate Earth Month, the City of Lee’s Summit is hosting Stream Team and RecycleFEST to address litter in our waterways and support recycling. Stream Team will take place on April 20 from 10 a.m. to noon at Langsford Park, 1709 SE Langsford Road, and RecycleFEST will be held on April 27 from 9 a.m. to noon at the Maintenance Facility, 1971 SE Hamblen Road. The Stream Team protects local stream-side habitats by removing litter and debris from...
Groundbreaking Ceremony for Lee’s Summit Municipal Airport Hangar 2
Groundbreaking Ceremony for Lee’s Summit Municipal Airport Hangar 2

Groundbreaking Ceremony for Lee’s Summit Municipal Airport Hangar 2

The City of Lee’s Summit will hold a groundbreaking ceremony on April 18 at 1:30 p.m. to mark the start of a $16.8 million project to construct a new hangar at the Lee’s Summit Municipal Airport. The ceremony is open to the public and will take place at the airport’s east apron located at 2740 NE Hagan Road. The project includes infrastructure development and a 50,000 square foot state-of-the-art hangar with 30,000 square feet dedicated to...
245Last