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Assessed Value The assessed value is the portion of the true value in money on which taxes are based. In Missouri, the assessed value of property may not exceed 33.3 percent of its true value in money.
Certificate of Need (CON) is an effort to contain costs, improve quality and increase access for many of Missouris major health care services. This effort was established in Missouri in 1980, motivated by federal Public Law 93-641 as part of the Health Planning and Resource Development Act of 1974.
How long is a Missouri certificate of good standing valid? A Missouri certificate of good standing does not have a set expiration date.
The program now allows those taxpayers who are 62 years of age or older to receive a credit on future years tax bills that essentially freezes their property taxes on their primary residence to the tax bill amount from the year of application/eligibility.
The assessed value is generally lower than the fair market value of a property because it does not review current market conditions. The assessed value is determined based on the propertys physical condition and other factors that are unlikely to change over time.
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It can be the case, for example, that the assessed value is lower than the market value. How much lower, however, largely depends on where you live and the formula your local tax assessors office uses.
Market value is the appraised value of your property as of January 1st. The assessed value is calculated by multiplying the property market value, based on classification, by the correct assessment ratio. Classifications: Agricultural - 12%, Residential - 19%, Commercial - 32%.
Certificate Value means the aggregate of payments by a certificate holder on shares evidenced by such certificate, plus dividends credited thereto, less withdrawals thereon.

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