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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 properties," and that overall assessed valuation increases largely absorbed that change. Mann told the council the "debt service levy went down, 3 cents, roughly," from figures discussed at the first reading.
Councilmember Solomanov moved to approve the bill "as presented," the motion was seconded, and the clerk recorded a unanimous roll-call vote in favor. Those recorded as voting yes were Council member Lewis, Council member Prashant Hellman, Council member Solomanov, Chairman Pro Tem Weil and Mayor Clark. The clerk declared the motion passed and identified the enactment as Ordinance 28 22.
Council also approved the minutes of the Sept. 9, 2025 meeting by unanimous roll-call vote. Following routine reports and a brief city manager—s update noting recent drone photos of Lot 3 at Olive Crossing and Irvington Place and an invitation to the Oct. 25 harvest festival at 5 Oaks, the council voted to enter an executive closed session citing Missouri Revised Statutes section 610.021 to discuss attorney-client privileged matters. The meeting resumed briefly; the presiding officer said no major decisions were made in closed session before adjourning.
The council did not discuss changes to the levy rate text during the meeting; the finance presentation summarized updated assessment figures and a modest decrease in the debt-service component. Staff reports and the monthly financial report for July and August were available on the meeting agenda for members to review.
