Lindbergh Schools staff: reassessment raises district values; residential levy at state minimum, debt service held at 83.3 cents

Joel Scheibel, a Lindbergh Schools staff member, told the Board of Education at a special tax-rate hearing that preliminary St. Louis County assessment data show assessed valuation in the district has grown in this reassessment year, triggering required tax-rate rollbacks under Missouri’s Hancock Amendment.

"This is [a] very important part of the year for our budget," Scheibel said, summarizing the timeline and mechanics by which the St. Louis County Assessor’s Office, the county Board of Equalization and, when necessary, the Missouri State Tax Commission determine final assessed values that the district uses to calculate levies.

Scheibel said the district receives preliminary assessed-value estimates in March and July, expects final assessed-valuation data from St. Louis County ‘‘sometime this week or early next week,’’ and expects a final, final assessment in December after any state commission protest settlements. He explained that protests of property…