Lindbergh tax rate hearing tonight

Lindbergh tax rate hearing tonight

The Lindbergh Board of Education is holding its annual tax rate hearing today at 7 p.m. in person at the district’s Central Office, 9350 Sappington Road. The hearing will also stream live on the district’s Youtube channel.

This year’s proposed blended rate is $3.8163 per $100 assessed valuation, a decrease from last year’s $4.0309 rate.

County school districts set four tax rates for four different classes of property and a blended rate of all the classes is used for reporting. 

2021’s proposed tax rates per $100 assessed valuation are as follows:

Residential Real Estate – $2.7500 (decrease of $0.1217)

Agricultural Real Estate – $2.8863 (increase of $0.4263)

Commercial Real Estate – $3.2974 (decrease of $0.4420)

Personal Property – $3.6944 (decrease of $0.2152)

Blended Operating Rate – $2.9833 (decrease of $0.2146)

Debt Service – $0.8330 (same amount)

Blended Total Rate and Operating Debt – $3.8163 (decrease of $0.2146)