Crestwood aldermen set 2021 tax rates

Crestwood City Hall

Photo by Gloria Lloyd

Crestwood City Hall

Crestwood’s Board of Aldermen set the city’s 2021 tax rates at its meeting Sept. 28.

The rates are as follows, per $100 of assessed valuation: Residential — $0.561, Commercial — $.805, Agricultural — $0.00 and Personal property — $0.728.

“Again, one of the lowest tax rates in St. Louis County and certainly one of the best values in the county,” Mayor Grant Mabie said.

The change in tax revenue as a result of assessment is 1.4 percent or $30,354. The increase in tax revenue due to an increase in assessed value as a result of new construction and improvements is $2,059.

The board approved the rates 7-0, Ward 1 Alderman Jesse Morrison was absent.