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Tax Structure |
|
City of Union
|
Sales Tax Rate: |
7.725% |
| |
State |
4% |
| |
Parks & Soils |
1/10% |
| |
Local / city |
2% |
| |
Local / County |
1.50% |
| |
Conservation |
1/8% |
| |
|
|
|
Real Estate Tax: |
$0.6360 per $100 of assessed valuation*. |
| |
General Fund |
$0.5283 |
| |
Park Fund |
$0.1272 |
| |
*Assessed valuation is determined by the
Franklin County Assessor using property
appraisal value multiplied by 19% for
residential, 12% for Agricultural and 32% for
Commercial/Industrial Property. |
| |
|
|
|
Personal Property Tax: |
$0.6555 per $100 of assessed valuation |
|
| |
5.3737% of the State N.A.D.A. Blue Book Value.
Assessed value is calculated by the Franklin
County Assessor using the following formula:
1/3 of N.A.D.A. Blue Book Value x 5.75% (City &
State tax rate) |
| |
|
|
Cigarette Tax: |
$1.50 per 1,000 cigarettes |
| |
|
|
Franchise Tax: |
6% of gross receipts (Electric, Telephone,
Cable, Information Systems, Water or Gas
Utilities) |
| |
|
|
Gasoline Tax: |
Revenue collected and disbursed to the City by
the Missouri Department of Revenue based on
sales of gasoline in the City and vehicle
purchases made by Union residents. |
Franklin County
|
Residential,
Personal Property & Real Estate Tax - $5.0954
per $100 of assessed valuation. |
|
State |
.0300 |
|
County |
.1173 |
|
Road |
.1941 |
|
Library |
.0919 |
|
School |
3.70 |
|
Fire |
.2692 |
|
Ambulance |
.1656 |
|
College |
.4348 |
|
Developmental Svc |
.0925 |
|
|
|
|
Commercial Surtax,
Personal Property & Real Estate Tax - Same as
residential listed above plus a $0.48 Business
Surtax. |
|
For More
Information on Franklin County, go to
www.franklinmo.org |
|
| Last updated 12/12/2007 |
|
|
 |
|
Joseph Graves
Director
of Economic Development
500 E. Locust St.
Union, MO 63084
(636).583.3600
E-Mail Us >>
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