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City of University City
<br /> Public Hearing Notice
<br /> The Council of the City of University City will hold a public hearing at 6:30 p.m. on Monday,
<br /> September 26, 2016, at City Hall, 6801 Delmar Boulevard, 5t`' Floor, on proposed property tax
<br /> rates. The tax rates shall be set to produce substantially the revenue required to be provided from
<br /> property tax as set forth in the annual adopted budget. This levy is subject to change pending
<br /> action of the City Council.
<br /> The Library will hold a separate public hearing at 5:15 p.m. on Wednesday, September 28, 2016,
<br /> at Library, 6701 Delmar Boulevard, in the Boardroom.
<br /> Assessed Valuation Current Prior
<br /> Tax Year Tax Year
<br /> City of University City
<br /> Residential $468,937,520 $467,060,200
<br /> Commercial $63,334,904 $62,127,167
<br /> Personal Property $64,003,081 $62,139,977
<br /> University City Loop Special Business District
<br /> Residential $1,052,090 $1,052,090
<br /> Commercial $7,759,270 $7,758,760
<br /> Parkview Gardens Special Business District
<br /> Residential $13,338,120 $12,793,200
<br /> Commercial $1,830,860 $1,828,480
<br /> Proposed Tax Rates Proposed
<br /> Revenue
<br /> Residential Commercial Personal 2016-2017
<br /> City— General Revenue $0.569 $0.546 $0.680 $ 3,449,300
<br /> City— Pension $0.165 $0.148 $0.195 $ 992.300
<br /> Library $0.259 $0.235 $0.280 $ 1,542,600
<br /> University City Loop District $0.586 $0.498 $0.000 $ 44,800
<br /> Parkview Gardens District $0.598 $0.850 $0.000 $ 95,300
<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 /> BY ORDER OF THE CITY COUNCIL OF UNIVERSITY CITY, MISSOURI
<br /> Joyce Pumm, City Clerk
<br /> September 11, 2016
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