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)