Residents of the Fenton Fire Protection District will vote Nov. 6 on whether or not to approve an 18-cent tax-rate increase, Proposition F.
Proposition F pays back a $25 million general-obligation bond issue through a property tax levy. The tax would not be added to the taxpayer’s tax bill until September 2019 for collection for 2020.
The Fenton Fire Protection District plans to use the bond to update the district’s current infrastructure for enhanced security, safety and protection from fires and natural disasters, among other things. It would also bring infrastructure up to code with the Americans with Disabilities Act and lay out engine houses more efficiently to provide for better response time to emergencies.
For those interested in learning more about the proposition or who have questions, the district is holding a public open house at Fire Station No. 2, 1385 Horan Drive, from 7 to 8 p.m. Thursday, Oct. 25.
The bond requires a $0.185 tax levy. If a home has an appraised value of $100,000, it would have an assessed value of $19,000, according to the St. Louis County assessor’s office. This equals $35.15 a year for the general obligation bond.
For a home with an appraised value of $100,000, one penny of a tax levy is the equivalent of $1.90. Because Proposition F asks for $0.185, the cost per year will total $35.15 for a home appraised at $100,000 and assessed at $19,000.
Residents can calculate their cost using the district’s link at http://www.votefenton-fire.com/calculate-your-cost/.
Proposition F initially failed in the April 3 election, with a total of 50.2 percent of the vote in favor of the tax levy and 49.8 against. Because Missouri law requires this type of proposition to have more than 57.14 percent of votes in favor to pass, the measure failed.