The Columbia Heart Beat

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Wed02222012

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PAUL STURTZ: And The Case of the Busted Busker

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The Great BoCo Property Tax Scandal

PHYLLIS CHASE: Boffo Developer Tax Breaks Prompt Final Request

Chase
COLUMBIA (ARCHIVE) -- A Columbia Heart Beat story about huge property tax breaks for well-healed land developers prompted former Columbia Public Schools (CPS) superintendent Phyllis Chase (left) to inquire about the issue on August 4th, the day before she announced her retirement.

Parents and patrons of the district had emailed Chase asking for answers about this easily abused, little-known tax bonanza.


The Columbia Heart Beat reported on an 18.2 acre parcel in Thornbrook, complete w/cul-de-sac and stubbed in utilities that the City of Columbia has zoned for residential single family homes (R1), but which county assessor Tom Schauwecker calls Farmland (FA). 


The parcel yielded all of $50.86 in 2007 property taxes.

Controversial CrossCreek gets into the act, too. A commercially-zoned 13.9 acre parcel on that site netted only $31.50 in property taxes last year, thanks to its farmland designation.


Schauwecker's agricultural designations yield a two-fold tax whammy -- a vastly lower appraised value based on "soil grade" instead of market value and the lowest assessment rate permitted by law.  
Chase questioned the practice in an email to senior staffers, school board members, and concerned parents.    READ THE REST!

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