1:56:17
Thank you. Next is public hearing to consider leaving the property tax for the great city of O'Fallon, Missouri for the year 2026 for the purpose of general revenue and debt service.
13:07
This is a slide that we use when we often discuss um with residents how the uh property taxes and sales taxes that they pay, how they are distributed.
1:01:38
June Frazier: So, as we were talking about on the property tax levy, the state of Missouri limits how much we can actually collect on property taxes every year as an increased amount.
42:10
The next page shows what [clears throat] a property tax would be for a 2000 a year 2000 passenger car worth $300. I had a hard time finding one property that had just one car so I could give the example.
1:14:50
Correct. Yes. Correct. And Mr. Chairman, it's it's just like the the thing we do on the u uh on the property tax in April. we pass a resolution saying this is what we intend to do for our property tax but and we're required to do that by a resolution but…
45:46
I am not saying the sign is not important or improper. I am saying I am asking what with more than half a million dollars in projected park park property tax revenue what percentage is actually being invested in youth programming recreation facilities and safe places for children.
2:30
I guess we got that we voted to approve. So our tax rate will be at 0.9867 0.9867 which has been like that for many a year. Uh you can see it in the pro forma in the state auditor's office there.
5:32
I think there could be some way other ways to address what might otherwise be a budget shortfall instead of raising property tax rates, which I really do not feel people in Sedalia can absorb any more tax rates at this point.
1:18:24
Motion's approved. All right. Next, we'll move on to public hearings. Miranda, please. Um, we will now hold a public hearing um to discuss the property tax rates proposed to be set by the city of Carthage.
38:58
Yes. Bill number 1794, tax rate and living of taxes. an ordinance fixing the tax rate of living taxes for the calendar year of 2026 on all taxable property in the city of Fton, Missouri at 0.5431…
15:06
Um it is not unusual for property taxes to be slow. Again, we get those in um December and January. And um parks and wreck revenues started the year mixed um and they do um they exceeded budget projections due to high soccer enrollments.
11:43
Okay. There we had a few of those. I remember that. Yeah. Okay. Okay, thank you. Next question. The next table, sources of assessed value thank you.