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Olivette holds first reading of 2024 tax levy; final rates await Board of Equalization
Summary
On first reading the council reviewed proposed tax rates for 2024; staff said post-Board of Equalization figures are pending and rates are likely to change slightly. Council discussed local assessment trends and staff said Olivette has not experienced the assessment declines reported in some nearby cities.
The Olivette City Council conducted a first reading on the ordinance setting tax rates for fiscal year 2024 and heard staff explain next steps before final adoption.
Acting City Manager Darren Mann said this is the ordinance’s first reading and that the city is awaiting post-Board of…
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