South St. Louis County News

St. Louis Call Newspapers

South St. Louis County News

St. Louis Call Newspapers

South St. Louis County News

St. Louis Call Newspapers

Mehlville to conduct public hearing on tax rate

The Mehlville Board of Education will conduct a public hearing next week before setting the school district’s property tax rates for 2011.

The public hearing is scheduled for 6:45 p.m. Tuesday, Sept. 27, at the Administration Building, 3120 Lemay Ferry Road.

Board members will consider setting the following proposed 2011 property tax rates, per $100 of assessed valuation:

• Residential: $3.6761, up from $3.5469 in 2010.

• Agricultural: $4.0897, roughly unchanged from last year.

• Commercial: $3.4372, up from $3.3947 in 2010.

• Personal property: $3.9678, roughly unchanged from last year.

The district’s proposed overall “blended” rate, which is not levied but used for state calculations, is $3.6748, an increase of roughly 10 cents over the 2010 “blended” rated of $3.5763.

The rates are based on post-Board of Equalization assessed valuations from the county, which became available last week.

Mehlville’s total assessed valuation fell roughly 3.4 percent to $1,690,943,880 from $1,749,832,650 in 2010.

The district projects collecting $60 million from property taxes in 2011. It collected $60,948,000 in 2010 and has averaged $58,388,167 in property-tax revenue over the past six years.

Officials anticipate no new revenue from the reassessment of property this year.

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