Wallace to lead state assessors group

By Phil Cobb | January 6, 2015 |

County Assessor Rex Wallace

Nodaway County Assessor Rex Wallace has been named president of the Missouri State Assessors Association for the organization’s 2015 year.

Wallace was first elected assessor here in 2000 and is currently serving his fourth four-year term. He said Friday he is planning a fifth run for office in 2016.

As MSAA president, Wallace will be responsible for a number of committee appointments, such as those for the panel charged with setting tax values for livestock. He also becomes a member of the Missouri Association of Counties’ executive board.

One of MSSA’s chief functions is to work with legislators in shaping bills that affect county assessment offices statewide.

In Missouri, assessors are responsible for determining the value of each taxable property in the county they serve. This information is then used to determine the rate of taxation on both personal and real property.