CHAPTER 145: TAXATION AND FINANCE

ARTICLE I. FISCAL YEAR

SECTION 145.010: FISCAL YEAR ESTABLISHED

The fiscal year for the City of Stockton shall begin on October first (1st) and end on September thirtieth (30th) of each year and all City budgets, audits and other statutory requirements shall be prepared on an October fiscal year and all required matters concerning same be required to use such dates for those statutory and other necessary purposes.

ARTICLE II. BUDGET

SECTION 145.020: BUDGET REQUIREDCONTENTSEXPENDITURES NOT TO

EXCEED REVENUES

A. Prior to the commencement of each fiscal year, a budget for the City shall be prepared and the same will be presented to and approved by the Board of Aldermen.

B. The annual budget shall present a complete financial plan for the ensuing fiscal year and shall include at least the following information:

B.1. A budget message describing the important features of the budget and major changes from the preceding year;

B.2. Estimated revenues to be received from all sources for the budget year, with a comparative statement of actual or estimated revenues for the two (2) years next preceding, itemized by year, fund and source;

B.3. Proposed expenditures for each department, office, commission, and other classification for the budget year, together with a comparative statement of actual or estimated expenditures for the two (2) years next preceding, itemized by year, fund, activity and object;

B.4. The amount required for the payment of interest, amortization, and redemption charges on the debt of the City; and

B.5. A general budget summary.

C. In no event shall the total proposed expenditures from any fund exceed the estimated revenues to be received plus any unencumbered balance or less any deficit estimated for the beginning of the budget year; provided, that nothing herein shall be construed as requiring the City to use any cash balance as current revenue or to change from a cash basis of financing its expenditures.

SECTION 145.030: PURCHASING AGENT

A. The budget shall be prepared under the direction of a Purchasing Agent. Except as otherwise provided by law or ordinance, the Purchasing Agent shall be designated by the Board of Aldermen of the City. All officers and employees shall cooperate with and provide to the Purchasing Agent such information and such records as he/she shall require in developing the budget. The Purchasing Agent shall review all the expenditure requests and revenue estimates, after which he/she shall prepare the proposed budget as defined herein.

B. After the Purchasing Agent has prepared the proposed budget, he/she shall submit it, along with such supporting schedules, exhibits, and other explanatory material as may be necessary for the proper understanding of the financial needs and position of the City, to the Board of Aldermen. He/she shall submit at the same time complete drafts of such orders, motions, resolutions or ordinances as may be required to authorize the proposed expenditures and produce the revenues necessary to balance the proposed budget.

SECTION 145.040: BOARD OF ALDERMEN MAY REVISE BUDGET, LIMITSAPPROVAL

The Board of Aldermen may revise, alter, increase or decrease the items contained in the proposed budget, subject to such limitations as may be provided by law; provided, that in no event shall the total authorized expenditures from any fund exceed the estimated revenues to be received plus any unencumbered balance or less any deficit estimated for the beginning of the budget year. Except as otherwise provided by law, the Board of Aldermen shall, before the beginning of the fiscal year, approve the budget and approve or adopt such orders, motions, resolutions or ordinances as may be required to authorize the budgeted expenditures and produce the revenues estimated in the budget.

SECTION 145.050: INCREASE OF EXPENDITURE OVER BUDGETED AMOUNT TO BE

MADE ONLY ON FORMAL RESOLUTION

After the City has approved the budget for any year and has approved or adopted the orders, motions, resolutions or ordinances required to authorize the expenditures proposed in the budget, the City shall not increase the total amount authorized for expenditure from any fund, unless the Board of Aldermen adopts a resolution setting forth the facts and reasons making the increase necessary and approves or adopts an order, motion, resolution or ordinance to authorize the expenditures.

SECTION 145.055: BUDGET CALENDAR

The Budget Committee shall prepare the City budget in accordance with the following calendar:

.1. At least six (6) months before the beginning of a new fiscal year, the Budget Committee will collect the data necessary and make preliminary revenue estimates for the coming fiscal year. It will esti­mate expenditures for the present year and note expenditures and reve­nues for the previous two (2) fiscal years.

.2. At least five (5) months before the beginning of a new fiscal year, the Budget Committee will request from each City Officer a state­ment of expenditures requested for the coming fiscal year.

.3. At least four (4) months before the beginning of a new fis­cal year, the Budget Committee will review the departmental requests and make its final revenue estimates for the coming fiscal year and will confer with department heads to discuss these requests.

§ 145.055 Taxation And Finance § 145.090

.4. At least three (3) months before the beginning of a new fis­cal year, the Budget Committee will begin assembling the City budget.

.5. At least two (2) months before the beginning of a new fiscal year, the Budget Committee will confer with the Mayor, and any such other officers as the Mayor may designate, for preparation of the City budget for the next fiscal year to be submitted to the Board of Aldermen.

.6. The budget shall be submitted to the Board of Aldermen at the regular meeting in the month before the beginning of the fiscal year as designated by the Board of Aldermen. (CC 1979 §22.160)

ARTICLE III. LEVY OF TAXES

SECTION 145.060: BOARD TO PROVIDE FOR LEVY AND COLLECTION OF TAXES

FIX PENALTIES

The Board of Aldermen shall, from time to time, provide by ordinance for the levy and collection of all taxes, licenses, wharfage and other duties not herein enumerated and, for neglect or refusal to pay the same, shall fix such penalties as are now or may hereafter be authorized by law or ordinance.

SECTION 145.070: BOARD TO FIX RATE OF LEVY

The Board of Aldermen shall, within a reasonable time after the Assessor's books of each year are returned, ascertain the amount of money to be raised thereon for general and other purposes and fix the annual rate of levy therefor by ordinance.

SECTION 145.080: ASSESSMENTMETHOD OF

In the absence of a City Assessor, and until such City Assessor is duly appointed and qualified, it shall be the duty of the Mayor of the City to procure from the County Clerk of Cedar County, Missouri, on or before the first (1st) day of October of each year a certified abstract from his/her assessment books of all property within the corporate limits of the City made taxable by law for State purposes and the assessed valuation thereof as agreed upon by the Board of Equalization, which abstract shall be immediately transmitted to the Board of Aldermen, and it shall be the duty of the Board of Aldermen to establish by ordinance the rate of taxes for the year.

SECTION 145.090: CLERK TO PREPARE TAX BOOKS

When the Board of Aldermen shall have fixed the rate of taxation for any given year, it shall be the duty of the City Clerk to cause to be prepared appropriate and accurate tax books and shall therein set out in suitable columns, opposite the name of each person and the item of taxable property, as returned by the Assessor and Board of Equalization, the amount of taxes, whether general or special, due thereon; and shall charge the City Collector with the full amount of taxes levied and to be collected.

SECTION 145.091: APPROVAL BY BOARD

At the next meeting of the Board of Aldermen after the Clerk shall submit the same to the Board for examination, inspection and, if necessary, cor­rection and upon approval thereof by said Board, the Clerk shall append thereto a certificate to the effect that such tax book is the tax book of the City of Stockton for the year (stating the year) as taken from the County Assessor's book furnished for that year or from such other source as is or may be provided by law, and acted upon and approved by the Board of Aldermen, which certificate shall be attested by the Seal of the City, and the tax book so certified shall thereupon be delivered to the City Collector, who shall be charged with the amount of all taxes as shown thereon. (CC 1979 §80.030)

SECTION 145.092: ENFORCEMENT

The payment of such taxes shall be enforced by the Collector in such manner and in such time as is or may hereafter be provided by law. (CC 1979 §80.040)

SECTION 145.100: TAXES DELINQUENTWHEN

On the first (1st) day of January of each year, all unpaid City taxes shall become delinquent and the taxes on real estate are hereby made a lien thereon; and all such delinquent taxes shall bear interest thereon at the rate of two percent (2%) per month from the time they become delinquent, not to exceed eighteen percent (18%) per year, until paid; and shall also be subject to the same fees, penalties, commissions and charges as provided by law of the State of Missouri for delinquent State and County taxes, and shall be collected from the property owners, and the enforcement of all taxes, penalties, fees, commissions and charges authorized by law and provided for herein to be paid by property owners shall be made in the same manner and under the same rules and regulations as are or may be provided by law for the collection and enforcement of the payment of State and County taxes, including fees, penalties, commissions and other charges.

SECTION 145.110: DELINQUENT TAXESCOLLECTION

The Board of Aldermen shall cause the land and lot delinquent list and personal delinquent list to be returned to the City Collector, who shall be charged therewith, and who shall proceed to collect the same, and in the same manner and under the same regulations as are or may be provided by law for the collection of delinquent lists of real and personal taxes for State and County purposes. Provided, that all suits for the collection of City taxes shall be brought in the name of the State, at the relation and to the use of the City Collector. (CC 1979 §80.060)

SECTION 145.120: OTHER TAXES

The Board of Aldermen shall from time to time provide by ordinance for the levy and collection of taxes, licenses and other duties not herein enumerated and for neglect or refusal to pay the same shall fix such penalties as are now, or may hereafter be, authorized by law or ordinance. (CC 1979 §80.070)

§ 145.130 Taxation And Finance § 145.160

SECTION 145.130: BOARD OF ALDERMEN MAY NOT EXEMPT

The Mayor and Board of Aldermen shall have no power to release any person from payment of any tax (except in the case of erroneous or double assess­ment) or exempt any person from any burden imposed by law. (CC 1979 §80.080)

ARTICLE IV. SALES TAX

SECTION 145.140: IMPOSITION OF CITY SALES TAX

Pursuant to the authority granted by and subject to the provisions of Sections 94.500 to 94.570, RSMo., a tax for general revenue purposes is hereby imposed upon all sellers for the privilege of engaging in the business of selling tangible personal property or rendering taxable services at retail to the extent and in the manner provided in Sections 144.010 to 144.510, RSMo., and the rules and regulations of the Director of Revenue issued pursuant thereto. The rate of the tax shall be one percent (1%) on the receipts from the sale at retail of all tangible personal property or taxable services at retail within the City of Stockton, Missouri, if such property and taxable services are subject to taxation by the State of Missouri under the provisions of Sections 144.010 to 144.510, RSMo. The tax shall become effective as provided in Subsection (4) of Section 94.510, RSMo., and shall be collected pursuant to the provisions of Sections 94.500 to 94.570, RSMo. (Ord. No. 7 §1, 6-23-80)

SECTION 145.150: LOCAL USE TAX

. Pursuant to the authority granted by, and subject to, the provisions of Sections 144.600 through 144.763, RSMo., a local use tax for general revenue purposes is imposed for the privilege of storing, using or consuming within the City any article of tangible personal property purchased, produced or manufactured outside this State until the transportation of the article has finally come to rest within the City or until the article has become commingled with the general mass of property of this City.

A. The rate of the local use tax shall be two percent (2%). If any City sales tax is repealed or the rate thereof is reduced or raised by voter approval, the City local use tax rate shall also be deemed to be repealed, reduced or raised by the same action repealing, reducing or raising the City sales tax. (Ord. No. 218 §§1─2, 12-30-96; Ord. No. 230 §§1─2, 10-14-97; Ord. No. 241, 4-27-98)

SECTION 145.160: CAPITAL IMPROVEMENTS SALES TAX

A. A City sales tax for capital improvements at the rate of one-half of one percent (0.5%) on the receipts from all retail sales with the City of Stockton, Missouri, is hereby imposed upon all sellers within the City for the privilege of engaging in the business of selling tangible personal property or rendering taxable services at retail to the extent and in the manner provided by Sections 144.010 to 144.510, RSMo., inclusive, as amended, and the rules and regulations of the Director of Revenue of the State of Missouri issued pursuant thereto. Such tax shall be for the purpose of extending and improving the sewerage system of the City and pay the costs of operation and maintenance thereof.

B. The City sales tax for capital improvements hereby imposed shall then become effective on the first (1st) day of April 1993 and shall be levied and collected in the manner provided by the Act and shall be used for the purposes hereinabove authorized. (Ord. No. 144 §§1,3, 9-2-92; Ord. No. 151 §1, 11-23-92)

SECTION 145.170: IMPOSITION OF CITY TRANSPORTATION SALES TAX

A. Pursuant to the authority granted by and subject to the provisions of Sections 94.700 through 94.755, RSMo., as amended, a tax for transportation purposes is hereby imposed on all sellers for the privilege of engaging in the business of selling tangible personal property or rendering taxable services at retail to the extent and in the manner provided in Chapter 144, RSMo., and the rules and regulations of the Director of Revenue issued pursuant thereto. The rate of tax shall be one-half of one percent (0.5%) on the receipts from sale at retail of all tangible personal property or taxable services at retail within the City limits of the City of Stockton, Missouri, if such property and taxable services are subject to taxation by the State of Missouri under the provisions of Chapter 144, RSMo., as amended. The tax shall be collected pursuant to the provisions of Sections 94.700 through 94.755, RSMo., as amended.

B. This tax eliminates all City personal property taxes, eliminates City auto license stickers and imposes a one-half cent (½¢) sales tax for transportation purposes, to be used on street work only. (Ord. No. 58, 2-9-87)

SECTION 145.180: IMPOSITION OF PARK SALES TAX

The City of Stockton, Missouri, does hereby repeal the current park tax assessed on all real estate in the City and does hereby impose a sales tax of one-quarter of one percent (0.25%) on all retail sales made in the City which are subject to taxation for the purpose of providing funds to acquire, improve, operate and maintain parks of the City. (Ord. No. 384 §1, 4-9-07)

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