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Webster Groves holds public hearing on 2025 property tax rates; reassessment raised valuations pending board review
Summary
City staff presented proposed tax rates for 2025 and explained reassessments by St. Louis County that increased valuations in many neighborhoods; final valuations remain subject to the county Board of Equalization through Sept. 15.
The Webster Groves City Council conducted a joint public hearing Sept. 2 on two draft ordinances setting the city and Webster Groves Library District property tax rates for 2025.
Finance presenter Mr. Donovan explained that St. Louis County performs property assessments and that 2025 is an odd-numbered reassessment year for real property. Under Missouri practice explained in the presentation, residential property is assessed at 19 percent of market value; Donovan used the city’s median market value of…
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