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Assessor: State Tax Commission MOU requires 15% increase; county to begin reassessment work
2386857 · February 25, 2025
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 county assessor reported receipt of a memorandum of understanding from the State Tax Commission noting the county’s assessment ratio at 73% and indicating an expected 15% adjustment; county officials said a reassessment is required after roughly 20 years since the last countywide reassessment.
The St. Francois County assessor told commissioners the office received a memorandum of understanding from the State Tax Commission saying the county’s assessment ratio is 73 percent and that the county would need to implement a 15 percent increase to comply.
The assessor…
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