City of Arnold

NOTICE OF PUBLIC HEARING

A hearing will be held at 7:00 pm, September 20, 2018, at Arnold City Hall at which citizens may be heard on the property tax rates proposed to be set by the City of Arnold. The tax rates shall be set to produce the revenue for the budget for the fiscal year beginning September 1, 2018, shows to be required from the property tax. This tax rate is determined by dividing the amount of revenue required by the current assessed valuation. The result is multiplied by 100 so the tax rate will be expressed in cents per $100 valuation.

 

ASSESSED VALUATION (after Board of Equalization)
Category Current Tax Year Prior Tax Year
Real Estate $287,687,700 $287,126,800
New Construction $2,236,300 $1,276,700
Railroad & Utility $7,923,293 $7,899,361
$297,847,293 $296,302,861

 

PROPOSED TAX RATE & REVENUE BUDGETED
Levy per $100 Valuation
Amount of Property Tax Revenue
FY 2019 FY 2018 FY 2019 FY 2018
General Fund 39.11 Cents 39.02 Cents $1,164,881 $1,156,174

Tammi Casey
City Clerk
City of Arnold, Missouri

2018-08-31T15:39:42+00:00 August 31st, 2018|Latest News|