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Olivette council approves 2025 property tax levy; debt-service levy falls about 3 cents
Summary
At a special session, the Olivette City Council voted unanimously to approve Bill 3052, setting the city—s 2025 property tax levy (recorded in the meeting as Ordinance 28 22). Finance staff said final Board of Equalization figures showed a drop in commercial assessments offset by higher assessed valuations elsewhere.
The Olivette City Council voted unanimously at a special session to approve Bill 3052, fixing the 2025 property tax levy for all property in the city; the clerk announced the bill becomes Ordinance 28 22.
The action followed a brief presentation from finance staff. "We did get our final, post board of equalization or BOE numbers in," finance staff member Darren Mann said, adding the city saw "a pretty significant fade or decrease from July numbers to September for the commercial…
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