Missouri Tax Commission Overturns Jackson County’s Property Tax Valuation for 2023

The Missouri State Tax Commission Jackson County Board of Equalization’s valuation of the taxpayer’s property, concluding that the true value in money (TVM) was overstated. The dispute involved the assessment of taxpayer’s residential property in Jackson County for the 2023 tax year. The taxpayer claimed that their residential property had been overvalued. Upon review, the Tax Commission found that the Jackson County assessing officials failed to comply with the notice and physical inspection requirements of §137.115 of the Missouri Revised Statutes, as well as a prior order from the Commission in 2024, regarding limiting assessment increases to 15 percent over ...