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YOU WON'T BELIEVE: What the rich pay in CoMo/Boone County property taxes

I pay higher taxes on my 21-year-old truck

COLUMBIA, Mo 4/4/16 (Feature) --  "Let me tell you about the very rich," the writer F. Scott Fitzgerald said.  "They are different from you and me."

They sure are.  For one thing, the rich pay a helluva lot less property taxes than you I do in Columbia and Boone County.   If you approve the largest property tax hike in decades Tuesday, the rich will still pay a whole lot less than you and I. 

Pictured above is 133 acres billionaire Wal-Mart heirs Stan and Ann Kroenke paid $1.9 million for nearly two decades ago.   It's across from Mill Creek Elementary School and their estate on Nifong in Columbia.  It's stubbed in for development -- sewer, cable, gas, water, power.    It is assessed for $5,336.    In 2015, the Kroenkes paid $347 in Boone County property taxes on it.  (Click pic for larger).

We collected 23 property tax bills for some of Boone County's richest, most prominent citizens, many of them developers.   I pay more property tax for my beater pickup truck than 14 of these wealthy landowners pay for acres and acres of prime land in and around Columbia. 

Click the links to read the bills, the location of each parcel, and other details. 


Stan and Ann Kroenke
Billionaire Wal-Mart Heirs
133 acres
Assessed value:  $5,336
2015 Property Tax:   $346.81
(parcel pictured above; click pic for larger)


Stan and Ann Kroenke
3.04 acres
Assessed value:  $380


Stan and Ann Kroenke
8 acres
Assessed value:  $4,560
2015 Property Tax:   $296.37


Stan and Ann Kroenke
131 ft × 125 ft lot in Woodrail Subdivision
Assessed value:  $817


AON and RCG Investments, LLC
Developers
5.87 acres
Assessed value:  $381
2015 Property Tax:   $24.76


Elvin E. Sapp
Developer
4.42 acres
Assessed value:  $91


Elvin E. Sapp
2 acres w/barn
Assessed value:  $1,172


St. Charles Road Development, LLC
2.36 acres
Assessed value:  $174
2014 Property Tax:    $12.16
(On its 128 subdivision acres near Battle High, this developer paid
 
$497.00 in 2013 property taxes and $510 in 2014 property taxes
Their 2015 tax bills presently read "0".)


Robert Lemone Trust
Developer
8.95 acres
Assessed value:  $414


Robert Lemone Trust
3 acres
Assessed value:  $139


Robert Lemone Trust
12.96 acres
Assessed value:  $598
 

Robert Lemone Trust
2.43 acres
Assessed value:  $112


Robert Lemone Trust
2.13 acres
Assessed value:  $96


Robert Lemone Trust
1.81 acres
Assessed value:  $84


Bill and Nancy Laurie
Crown Center Farm

Billionaire Wal-Mart Heirs
14.9 acres
Assessed value:  $1,110


Bill and Nancy Laurie
Crown Center Farm
13.2 acres
Assessed value:  $266


Hank Waters
Newspaper owner
20.58 acres
Assessed value:  $361


Hank Waters
26 acres
Assessed value:  $973


The Kroenke Group (TKG)
Developer
77 acres
Assessed value:  $1,504


The Kroenke Group (TKG)
133 × 95 ft lot on N. Fairview Rd.
Assessed value:  $260


Jeffrey E. Smith
Developer
13.9 acres
Assessed value:  $289


Jeffrey E. Smith
16.6 acres
Assessed value:  $607


Jeffrey E. Smith
7.22 acres
Assessed value:  $243


Michael J. Martin
1995 Ford F 150 Pickup Truck (with body rust)
Assessed value:  $575



Now look to see what you pay for your cars.  Or land.  Or house.  Or business. 

Think about that when you go to the polls Tuesday
 
 
 
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