The job of the assessor's is to place a value on all taxable real and personal property, within the county as of January 1, which is the assessment date set by statute. Each of the 115 County Assessor's offices, in the state of Missouri, is overseen and regulated by the Missouri State Tax Commission. Random visits by technical assistants, and annual ratio studies on all three (commercial, residential, and agricultural) classes of property, aid the state tax commission in ensuring the assessor's compliance with the state requirements.
Real Estate & Personal Property
Real estate and personal property are the two types of local property taxes.
Residential at 19% of market value
Commercial at 32% of Market value
Agricultural at 12% of market value
Almost everything is valued at 33 1/3% of market value
Grain at 1/2% of 1%
No Small Task
Buchanan County has over 40,000 parcels on the real tax roll and over 110,000 articles of personal property that have to be valued each year.
Contact the County Collector with questions regarding:
Not receiving one or more tax statements
Needing a copy of your tax payment receipt
General questions concerning the collection process