St. Clair’s board of aldermen have scheduled rare back-to-back Tuesday meetings the next two weeks to take care of business.
During the board’s regular meeting this past Monday, City Administrator Rick Childers reminded the aldermen that state law requires that municipalities establish their tax rate for the coming year by the end of August.
“We have to set a public hearing and then hold a regular meeting afterward,” Childers said.
The board decided to conduct the public hearing at 6 p.m. on Tuesday, Aug. 26, at city hall. The regular meeting to formally adopt the tax rate will follow at about 6:05 p.m., unless public comments force the hearing to run longer.
The aldermen then opted to conduct their next regular meeting at 7 p.m. on Tuesday, Sept. 2. The day before is Labor Day and city hall will be closed for the holiday.
The city’s estimated tax rate is identical to last year’s.
According to the numbers received by the city on Thursday, its overall tax levy will be .7024. The rate is broken down into .5353 for the general fund and .1671 for the park fund. Those two specific numbers are the same, too.
The numbers mean taxpayers within the St. Clair city limits are paying and will continue to pay 70.24 cents for every $100 of assessed valuation.
For comparison, the 2012 tax rate was .6532. The 2011 rate was .6510.
The intent of the levy going up, down or staying the same basically is to provide the same amount of tax revenue from year to year to municipalities.
The theory behind having an adjustment is that the state provides the breakdown, or assessment, of the tax rate. If the tax value of property is down, the tax rate goes up to offset the loss. If the value goes up, the tax rate decreases.
Tax rates are contingent on final assessed valuations and compliance with state laws.
The city’s tax rate is determined by dividing the amount of revenue by the current assessed valuation. The result is multiplied by 100 as the tax rate is expressed in cents per $100 of assessed valuation.
Other Tax Hearings
The Village of Parkway and the St. Clair Fire Protection District also are conducting their tax rate public hearings on Tuesday, Aug. 26.
Parkway’s will be at 7 p.m. at its village hall, 1361 Parkway Drive, while the fire district’s will be at 6 p.m. at its Fire House 1, 470 E. North St. in St. Clair.
Both of these entities, as well as the St. Clair Ambulance District, also must set their annual tax rate by the end of August.
Parkway’s 2014 tax rate is expected to remain the same at .2770, or 27.70 cents per $100 of assessed valuation, Clerk Lynnette Busse said.
“But, these numbers are subject to change,” she said.
The local fire district’s proposed 2014 tax rate is .4926, or 49.26 cents per every $100 of assessed valuation. The 2013 rate is slightly higher at .4972,
“The proposed tax levy is an estimation and may be adjusted to reflect any new information received from the state of Missouri prior to Sept. 1,” information from the board of directors states.
As has been the case, the new tax levy will include a rate rollback because voters approved a half-cent sales tax in April 2008.
The ambulance district’s estimated 2014 proposed tax levy is .2559, or 25.59 cents per every $100 of assessed valuation.
It has set its public hearing for 4 p.m. on Thursday, Aug. 28.
The 2013 levy was .2604, or 26.04 cents per $100 of assessed valuation.
The Lonedell R-XIV School District has its tax levy hearing at 6 p.m. on Monday in the conference room in the school, 7466 Highway FF.
Superintendent Jen Ulrich believes the district should be able to keep its tax rate the same this year, but she also is keeping her options open just in case.
The district’s tax rate currently is $3.69 for every $100 of assessed valuation. The amount is split into $3.48 in the incidental (operations) fund that also includes the teachers fund and 21 cents in the debt service fund.