The Sunset Hills, Crestwood and Green Park Boards of Aldermen all recently voted to set the 2023 tax rates for each of their municipalities at their latest board meetings.
On Sept. 26, the Sunset Hills Board of Aldermen voted to pass the city’s 2023 tax rate. The vote was unanimous, though both Ward 2 Aldermen – Casey Wong and Marie Davis – did not vote as they were late to the meeting and not yet in attendance when the vote occurred.
Per the public hearing notice, each tax rate is determined by dividing the amount of revenue required by the current assessed valuation. The result is then multiplied by 100 so the tax rate is expressed in cents per $100 valuation.
The rates for Sunset Hills are as follows:
• Agricultural: $0.064
• Residential: $0.043
• Commercial: $0.046
• Personal property: $0.060
The Crestwood Board of Aldermen also passed its 2023 tax rates unanimously without any public comment at its meeting Sept. 26. The rates, per $100 of assessed valuation, are as follows:
• Agricultural: $0
• Residential: $0.5160
• Commercial: $0.697
• Personal property: $0.7280
“It’s worth noting that the real estate tax rates for Crestwood will be dropping again this year by nearly 8%,” Mayor Scott Shipley said. “In fact, Crestwood’s real estate tax rate has dropped – or at least stayed the same – since 2016, which is a clear indicator of the growth of our economy, as well as the good government by this board and staff.”
“Our 51.6 cent residential rate compares extremely favorably across St. Louis County,” Ward 3 Alderman Grant Mabie added. “I think we have one of the best values.”
The Green Park Board of Aldermen also passed its 2023 tax rates, though they differed from their neighbors as they established a $0 levy on all real estate property within the city. This decision, though, was – yet again – unanimous.