Museum Tax Explained

The Hall of Waters under city ownership enjoys tax support, or it would be just a memory. It competes for funding with all other tax supported city services, and usually does not win when there is need for an ambulance or many other things that cannot be postponed. The City has not raised taxes for general fund operations for over 40 years. Passage of this tax would establish a funding source that protects the building’s future and allows the general fund to fund city services.

The Museum, supported solely by membership and fundraising, believes the tax is necessary toward its works to preserve the historic bank building and adjoining hotel, which houses the documents of our history. The quality exhibits and educational programs are a labor of love from volunteers, there is no paid staff. The Maurer Foundation provides some support to the Museum, formed by Mary Katherine Dickson, who believed our collective history is our collective responsibility.

The assessed valuation in the city limits of Excelsior Springs is approximately $154 million. A 30-cent property tax levy per $100/AV will generate approximately $462,000 annually.

Example for calculating your additional tax by assessed valuation:

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How much this tax increase may impact you with a quick look at a chart of market property value:

To calculate your tax increase using market value, you would follow the below:

Residential value times 19%, divide by 100 and multiply by 0.30.
Commercial value times 32%, divide by 100 and multiply by 0.30.
Agricultural value times 12%, divide by 100 and multiply by 0.30.