Financial Institution Taxes:

Annually, banks and other financial institutions pay a tax to the Department of Revenue.  The tax rate is 7% of net income.

As established by Missouri Law, §148.080 and §148.670, RSMo, the total amount of tax collected, less a 2% collection fee, is returned to the county treasurer of the county in which the financial institution is located.  Along with this payment is a statement of the exact amount due each political subdivision in the county.  Political subdivision includes any sewer district, fire district, library district, ambulance district, etc. that had a property tax rate levy.  A "group combo" is the specific combination of political subdivisions in which each financial instituation is located.  The amount due each political subdivision is determined by applying the local property tax level to the total property tax levy for the "combo" area.

This distribution occurs annually, in December, with interest earned in the fund over the year distributed in January.


Festus City Hall
711 West Main
Festus, MO 63028
Fax: 636-937-2140
Open 8a - 5p M - F

Police & Fire
Dispatch:  636-937-3646

Police Department
100 Park Ave.
Festus, MO 63028
Records: 636-937-5184
Fax: 636-937-8086

Fire Department
212 North Mill Street
Festus, MO 63028
Firehouse: 636-937-7661

Public Works
950 North Fifth Street
Festus, MO  63028
Fax: 636-937-6619
Open 7:30a - 4:30p M-F

400 W. Main Street
Festus, MO  63028
M - Th 9:00a - 7:00p
Fri 9:00a - 5:00p
Sat 9:00a - 1:00p