Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Property Tax topic

No spam. Unsubscribe anytime.

O'Fallon finance director introduces revised property tax levy ordinance after Board of Equalization adjustments

O'Fallon City Council · August 28, 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

At a public hearing Aug. 28, O'Fallon's finance director presented a revised (dot‑1) property tax levy ordinance reflecting Board of Equalization changes; staff proposed a combined levy of 0.4218 for 2025 and introduced Bill 77-81 dot 1 for further consideration.

O'Fallon — City staff presented the first reading of the property tax levy ordinance for 2025 at a public hearing Aug. 28 and introduced a revised "dot‑1" version to reflect updated assessed values from the county Board of Equalization.

Finance staff explained the city uses two levies: a general-fund levy, which supports ongoing city services, and a debt-service levy for general‑obligation bonds (noted as covering the Justice Center and park-related debt). Staff said the calculation begins with the previous year's property totals and is adjusted under the Missouri State Auditor's method using a cost‑of‑living ceiling. After the Board of Equalization reappraisal work, staff said they must reduce the proposed rate in the ordinance package; for 2025 staff proposed a total levy of 0.4218 per $100 of assessed valuation (compared with 0.44 in 2024).

During the public hearing Arnie C., identifying himself as a city public advocate and council candidate, urged lower levies and criticized the cumulative tax burden on households. Arnie recommended lower per‑$100 rates and said he would consult with the state auditor's property-tax manager regarding the city's worksheet.

Council introduced Bill 77-81 dot 1 (the revised levy ordinance) for consideration and closed the public hearing; further council action will follow as the ordinance advances through readings and adoption procedures.

The council did not adopt a final levy at the Aug. 28 meeting; the dot‑1 version was introduced for formal consideration.