Chesterfield City Council on the second reading adopted Bill 35-59, levying 2025 property taxes for two special business districts: Wild Horse Village at 41¢ per $100 of assessed valuation and Downtown Chesterfield at 0¢. The motion for second reading passed 7-1.
City staff presented the public hearing material before the vote. “That results in a tax rate of 41.7¢ per $100 of assessed valuation and will result in approximately a $138,251 in revenue for the district to maintain public infrastructure within that area,” Mr. Wise told the council during the hearing, describing the calculation based on the Hancock Amendment and the auditor’s pro forma.
The council’s action implements the certified levy the city must transmit to St. Louis County by Oct. 1. Councilmember Moore moved the second-reading motion; it was seconded by Councilmember Bordeur. In the roll call on the ordinance, Councilmember Tocco voted no; Councilmembers Bedor, McGinnis, Koch, Monachella, Moore, Mastorakis and Hanson voted yes.
During the hearing staff noted that Downtown Chesterfield’s taxable valuation is being computed on land value only through 2030 to avoid penalizing existing building improvements while redevelopment continues. Council discussion included procedural and legal questions raised for special counsel; the city attorney agreed to follow up with the city’s special counsel at Armstrong Teasdale to clarify statutory obligations under Missouri law.
The ordinance (Bill 35-59) sets the two districts’ maximum voter-authorized levy at up to 85¢ per $100 of assessed valuation but implements the lower rates approved by the council for 2025. The council’s certification sends the rates to the county tax authority on the statutory schedule.
The council approved the second reading and ordered the ordinance certified to St. Louis County; the matter will appear in the council record as Bill 35-59 for calendar-year 2025 collections.