Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Property Tax Levy topic

No spam. Unsubscribe anytime.

Ferguson‑Florissant board approves 2025 tax levy of 4.5265 per $100 assessed value

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Ferguson‑Florissant School District Board of Education unanimously approved a 2025 property tax levy that sets a 4.2595 rate for operations and a 0.267 rate for debt service, a district staff presenter said during the required public hearing.

The Ferguson‑Florissant School District Board of Education voted unanimously to approve a property tax levy for tax year 2025 that totals 4.5265 per $100 of assessed value, district staff said during a public tax‑rate hearing. The levy assigns 4.2595 to the operations (general/teachers/capital projects) fund and 0.267 to the debt service fund.

At the hearing, Tony Chance, a district staff member, summarized legal requirements and the calculation method. “The district is required by law to set the tax rate each year by October 1,” Chance said, and noted the district used Saint Louis County assessment data to compute rates and revenues.

The hearing matters because the levy funds core district operations and debt payments. Chance told the board that reassessment in 2025 increased assessed values on average by about 9.22 percent, producing roughly $3 million in additional operating revenue compared with the prior year. Of that new revenue, $323,000 came from new construction and the remainder from reassessment, he said. The district also reported tax increment financing (TIF) reductions to assessed value totaling $57,211,000 for the current year.

Chance explained state rules that constrain how much a taxing entity can raise rates when property values rise, citing the Hancock Amendment and Missouri law. He referenced Missouri statute Section 67.110.2, which requires publication and posting of a hearing notice and specified assessment disclosures. He told the board the district applied an assumed collection rate of just under 86 percent when estimating net collections, and showed an illustrative homeowner impact: for a home with market value $120,000 the district’s portion of the tax would be about $1,032.04 under the proposed rates.

Board members asked no substantive changes to the proposal during the hearing. A motion to adopt the recommended rates carried on a roll call vote; all members present voted yes.

Practical next steps noted at the hearing: the district must submit rate information to the State Auditor’s Office and the Saint Louis County Clerk by Oct. 1; county tax bills are typically mailed in November and collections may begin in October. Chance reminded citizens that collections received after Dec. 31 are treated as delinquent under county procedures.

The board’s action finalizes the levy amounts the district will use for budgeting and for the tax bills mailed to property owners in the coming months.