Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Kirkwood Council approves tax-rate adjustments after assessed-value decline
Summary
Council approved multiple ordinances adjusting tax rates after the Board of Equalization reduced assessed valuations by $8.2 million; staff said residential rates did not change while several commercial-class rates rose modestly to maintain revenue.
The Kirkwood City Council approved ordinances on Sept. 18 to adjust several tax rates after staff reported an $8,200,000 drop in the city’s assessed valuation following the Board of Equalization.
Mary, the city’s chief administrative officer, told the council: "What happened is the assessed value after the Board of Equalization met... it went down by 8,200,000, and then that…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
