Tax & Accounting Blog

Peace Out, Climax Springs

Blog, Indirect Tax, ONESOURCE March 29, 2016

Climax Springs, Camden County’s smallest village founded in southwest Missouri roughly 130 years ago, has voted 28-6 in favor of dissolution.  Although fond memories and a sense of community ownership may have been a reservation for many longtime residents, the community struggled to maintain the leadership needed to take care of essential services, namely road maintenance.  With only one remaining business within city limits, voters conceded that they needed help, and as of February 1st, 2016, all assets and liabilities have been absorbed by Camden County.  Many still see their town as the same old place with hopes of becoming even better now that help is on the way.