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Finance

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1. What is the sales tax rate in Blue Springs?

The sales tax rate is 7.35%. Various agencies rates come together to set the sales tax rate.
Sales Tax Breakdown

2. What is the property tax rate in Blue Springs?

The property tax rate is $8.4848 per $100 of assessed value. The property tax rate is set by various agencies.
Property Tax Breakdown

3. How do I calculate my property taxes?

Here is the formula for calculating your property tax bill:

Market Value of Home X Assessment Rate (19% of market value) = Assessed Value

Assessed Value X .07573 (Total Mill Levy of all Taxing Entities) = Total Tax Obligation

Example:
If your home has a market value of $100,000, then it has an assessed value of $19,000 ($100,000 X .19). Your 2000-2001 total tax obligation would be $1,438.87 ($19,000 X .07573).

4. What is the NID and how is my NID Special Assessment calculated?

Please see link for more information. More...

5. What is a franchise fee?

Franchise taxes or fees are payments received from electric, gas, telephone and cable providers within the city limits. The payments are made in exchange for each company's use of public right of way to conduct their business in the City. Franchise fees are used to pay for the general operations of the City and help offset the need for property taxes. The City of Blue Springs charges each of these companies a fee of five percent for use of City right-of-ways. The utility companies have, in turn, received approval from the Missouri Public Service Commission to pass these fees on to their customers.