Politics & Government

Special Council Session Friday to Vote on Tax Levy

A public hearing was held Monday and the city council must vote to approve by Oct. 1.

The University City City Council will hold a special meeting at 8 a.m. Friday morning to vote on the city's property tax levy.

The city held a public hearing on the proposed rates Monday at the regular council meeting. No one from the public spoke during the hearing.

Edward McCarthy, a University City resident, questioned the council during the citizen comment portion of the meeting after the public hearing. McCarthy asked when the council planned to vote on the tax rates.

Find out what's happening in University Cityfor free with the latest updates from Patch.

Cities are required to vote on the rates and turn them in to St. Louis County by Oct. 1. 

In order to meet the deadline, the city council will hold a special meeting at 8 a.m. Friday, Sept. 28, in the second floor conference room. 

Find out what's happening in University Cityfor free with the latest updates from Patch.

Assessed Valuation Current Tax Year Prior Tax Year City of University City Residential

$481,358,820

$483,729,790

Commercial $56,554,671 $56,534,879 Personal Property $59,439,226 $54,329,861 Loop Special Business District Residential  $1,026,860 $1,026,860 Commercial $6,753,400 $6,576,570 Parkview Gardens Special Business District Residential $12,011,220 $11,657,260 Commercial $2,378,930 $2,378,930

Proposed Tax Rates

 

Residential Commercial Personal

Proposed Revenue 2012-2013


City-General Revenue
$0.564 $0.578 $0.680 $3,446,000 City-Pension $0.159 $0.164 $0.195 $974,000 City-Debt Service $0.034 $0.034 $0.034 $203,000 Library $0.248 $0.254 $0.280 $1,504,000 University City Loop District $0.590 $0.536 $0.000 $42,000 Parkview Gardens District $0.627 $0.722 $0.000 $93,000

The meeting is open to the public.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.