Laserfiche WebLink
<br /> <br />Published Draft Rates <br /> <br /> <br /> <br /> <br /> <br />City of University City <br /> <br />Public Hearing Notice <br /> <br />The Council of the City of University City will hold a public hearing at 6:00 p.m. on August 20, <br />th <br />2007, at City Hall, 6801 Delmar Boulevard, 5 Floor, on proposed property tax rates. The tax <br />rates shall be set to produce substantially the revenue required to be provided from property <br />tax as set forth in the annual adopted budget. This levy is subject to change pending action of <br />the City Council, the Board of Equalization and/or the tax rate certification by the State Auditor. <br /> <br /> <br />Assessed Valuation Current Prior <br /> <br /> Tax Year Tax Year <br /> <br /> <br />A. <br />City of University City <br /> Residential $ 512,428,400 $ 433,222,360 <br /> Commercial $ 55,377,410 $ 43,005,316 <br /> Personal Property $ 64,461,290 $ 67,009,665 <br /> <br />B. <br /> <br /> <br />C. <br />University City Loop Special Business <br />District <br /> Residential $ 1,283,870 $ 690,700 <br /> Commercial $ 7,734,490 $ 4,116,840 <br /> <br /> <br />D. <br />Parkview Gardens Special Business <br />District <br /> Residential $ 12,412,080 $ 7,039,850 <br /> Commercial $ 2,711,170 $ 1,969,300 <br /> <br /> <br /> Proposed <br />E. <br /> Proposed Tax Rates <br />Revenue <br />Residential Commercial Personal <br />2007-2008 <br /> <br />City – General Revenue $0.504 $0.540 $0.691 $ 3,327,000 <br /> <br />City – Library $0.220 $0.238 $0.301 $ 1,453,000 <br />City – Pension $0.000 $0.000 $0.000 $0 <br />Debt Service $0.049 $0.049 $0.049 $ 307,000 <br />University City Loop District $0.468 $0.428 $0.000 $ 39,000 <br />Parkview Gardens District $0.505 $0.634 $0.000 $ 79,000 <br /> <br /> <br />If you are a person with a disability or have special needs in order to participate in this public <br />hearing, please contact Joyce Pumm at (314) 505-8605 prior to the hearing. <br /> <br />BY ORDER OF THE CITY COUNCIL OF UNIVERSITY CITY, MISSOURI <br />Joyce Pumm, City Clerk <br />August 3, 2007 <br />August 20, 2007 <br />G-1-b <br /> <br />