Proposed Homestead Tax Credit aims to limit property tax hikes in Platte County

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By RYAN SKAITH

The Platte County Commission is scheduled to consider an order Wednesday, Jan. 21, that could lead to property tax relief for local homeowners.

If approved by commissioners, the measure would be placed on an upcoming ballot, asking voters to authorize a Homestead Property Tax Credit Program under Missouri statute 137.1055. The program would effectively cap annual property tax increases at 5% for primary residences of eligible homeowners.

The initiative is an expansion of the county’s existing Senior Tax Credit program, which was passed in 2024 and implemented last year.

“This proposed order reflects our ongoing commitment to responsible property tax reform in an effort to ease the burden of rapidly increasing and unpredictable property taxes for Platte County homeowners,” said Presiding Commissioner Scott Fricker.

The commission is encouraging members of the public to attend the meeting and share their perspectives on the proposed tax relief program.