After weeks of negotiations, the Missouri State Tax Commission (STC) and Platte County officials agreed to a property tax assessment increase of 6.835 percent.
That's less than half of what was originally ordered by the STC, a 15% increase.
Longtime Platte County resident, Kathy Place, acknowledged the reduction, but remains concerned about the financial impact.
"I'm happy that, I suppose, they've gotten it down to seven percent, but it's still too much," Place said.
Laura Lowry, another county resident, has similar concerns about the long-term effects of rising property taxes.
"Am I going to be able to swing to pay my taxes? Yes. Is it going to be an inconvenience that they keep increasing? Yes. Is that going to prevent people from moving into our area? Yes," Lowry said.
Platte Coun