Jackson County Personal Property Receipt – “It’s unusual for a vehicle to be in that condition. I haven’t seen anything like it in the last five years,” said the St. Louis City Assessor.
St. Louis City Assessor Louis Michael Dauphin said he was told by the Missouri Tax Commission that personal property taxes are up 30% statewide compared to last year.
Jackson County Personal Property Receipt
“Every year, they declare all the vehicles and personal property in their area, and we give them the value of that area,” he said. “It’s unusual for a vehicle to be in this condition. We haven’t had anything like this in the last five years.”
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This means that fewer new cars are available, more used cars are being bought and there are fewer options to choose from.
George Zidisin, director of the Supply Chain Risk and Resilience Institute at the University of Missouri in St. Louis, said the overall cost of cars has never been higher.
“The availability of new cars is very limited because of supply disruptions and chips, and that creates bottlenecks,” he said. “There will be fewer cars available, both new and used, and prices will go up. This will affect the entire market.”
State regulations require appraisers to use the National Automobile Dealers Association (NADA) average trade-in valuation method.
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“We take the VIN number submitted to our office, we plug that VIN number into our system, and we know the value. It’s a rigorous process,” Dauphin said.
If your car is stolen or damaged, you still have to pay tax because you submitted that information earlier in the year.
Ms. Dauphin contacted the assessor’s office and recommended that the car be removed next year.
If you think the numbers are completely off, you can appeal to the state tax commission, Dauphin said.
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