Missouri expands auditor’s authority to review special taxing districts

Gov. Jay Nixon and State Auditor Nicole Galloway visited Kansas City Wednesday afternoon to sign two pieces of legislation that expand the auditor’s authority to audit or review financial statements of community improvement districts and transportation development districts.

Nixon says the legislation, Senate Bill 1002, responds to citizens’ requests for greater transparency concerning tax dollars collected by special taxing districts.

Community improvement districts (CIDs), set up with specific boundaries to collect added sales taxes or special assessments from property owners in the district, currently must file citizen petitions to generate a state audit of a district’s finances. SB 1002, as signed, allows state audits to be conducted without a petition and could apply to up to 360 CIDs in the state.

Read more: Kansas City Star

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