Sales Tax:

City sales taxes are 1.875% on taxable items.

1.0% - General Sales
0.5% - Street Capital Improvement
0.375% - Enforcement Tax - Benton Co. Law

Property Taxes:

Real Property

0.8976 of assessed value for residential and commercial properties

Assessed value is 32% of the appraised value for commercial, 19% for residential and 12% for agricultural property.

Example:
A residence appraised at $100,000 x 19% = $19,000
assessed value x .8976% tax rate = $170.54 City Real Tax

A complete tax bill would also include taxes from these additional entities:

Lincoln R-II School	3.25%	Lincoln Fire District	0.2826%
Benton County	0.145%	Co. Road District	0.2012%
Library	0.1377%	Lincoln Comm. Nursing	0.1899%
Junior College	0.399%	Co. Health Department	0.3792%
M&M Surtax	0.35%	State of Missouri	0.03%

Personal Property Tax

33.3% of the trade value of motor vehicles, boats, trailers, business machinery and inventory, etc.

0.8976 Tax Rate

Example:
Vehicle with a $20,000 trade-in value x 33.3% = $6,660 x 0.8976 = $59.78 tax due