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

2015 Property Tax:   $24.70

 

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

2015 Property Tax:   $53.11

 

 

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

2015 Property Tax:   $6.36

 

Elvin E. Sapp
2 acres w/barn

Assessed value:  $1,172

2015 Property Tax:   $82.77

 

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

2015 Property Tax:   $28.87

Robert Lemone Trust

3 acres

Assessed value:  $139

2015 Property Tax:   $9.70

Robert Lemone Trust

12.96 acres

Assessed value:  $598

2015 Property Tax:   $41.71

 

Robert Lemone Trust

2.43 acres

Assessed value:  $112

2015 Property Tax:   $7.81

 

Robert Lemone Trust
2.13 acres

Assessed value:  $96

2015 Property Tax:   $6.83

Robert Lemone Trust

1.81 acres

Assessed value:  $84

2015 Property Tax:   $5.86

 

Bill and Nancy Laurie
Crown Center Farm
Billionaire Wal-Mart Heirs

14.9 acres

Assessed value:  $1,110

2015 Property Tax:   $72.14

Bill and Nancy Laurie
Crown Center Farm

13.2 acres

Assessed value:  $266

2015 Property Tax:   $18.55

 

Hank Waters
Newspaper owner
20.58 acres

Assessed value:  $361

2015 Property Tax:  $23.29

 

Hank Waters
26 acres

Assessed value:  $973

2015 Property Tax:  $62.78

 

The Kroenke Group (TKG)
Developer
77 acres

Assessed value:  $1,504

2015 Property Tax:  $97.75

The Kroenke Group (TKG)

133 × 95 ft lot on N. Fairview Rd.

Assessed value:  $260

2015 Property Tax:  $16.90

 

Jeffrey E. Smith
Developer
13.9 acres

Assessed value:  $289

2015 Property Tax:  $20.14

 

Jeffrey E. Smith
16.6 acres

Assessed value:  $607

2015 Property Tax:   $42.34

Jeffrey E. Smith

7.22 acres

Assessed value:  $243

2015 Property Tax:  $16.94

 

Michael J. Martin
1995 Ford F 150 Pickup Truck (with body rust)

Assessed value:  $575

2015 Property Tax:  $38.60

 

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.