Notice of Public Hearing
Tax Rate – Ferguson Municipal Public Library District – updated September 17, 2024
A Public Hearing will be held at 7:00 p.m. on Monday, September 23, 2024, at the Ferguson Municipal Public Library District, 35 N. Florissant Road. At this hearing citizens may be heard on the property tax rates proposed by the Ferguson Municipal Public Library District, a political subdivision. The tax rates shall be set to produce the revenue that will be budgeted for the fiscal year beginning July 1, 2024. The rates allowed under the existing tax rate ceiling are at or below the tax rates authorized by Ferguson voters as calculated by the Missouri State Auditor’s Office. The Library District may adjust the rates pursuant to Missouri Revised Statutes Section 137.073, and as required by Law, in accordance with Article X, Section 22 of the Missouri State Constitution.
Post BOE Assessed Valuation by Categories as of September 10, 2024:
FMPLD Tax Rate Table
| Category | Assessed Valuation Current Year 2024 (PostBOE After TIF) | Assessed Valuation Current Year 2023 (Post-BOE After TIF) | Proposed Rate 2024 per $100 of Valuation | Prior Rate 2023 | Amount to Budget Based on Proposed Rate | Amount to Budget Based on Prior Rate | Difference in Dollars of Proposed Rate over Prior Rate | Difference in Percentage of Proposed Rate over Prior Rate |
|---|---|---|---|---|---|---|---|---|
| Residential RE | $162,274,440 | $162,258,940 | 0.2560 | 0.255 | $415,423 | $413,760 | $1,662 | 0.4% |
| Agricultural RE | $12,500 | $12,500 | 0.1290 | 0.127 | $16 | $16 | $0 | 1.6% |
| Commercial RE | $68,711,834 | $66,576,834 | 0.3490 | 0.349 | $239,804 | $232,353 | $7,451 | 3.2% |
| Personal Property | $47,171,585 | $49,342,151 | 0.4000 | 0.400 | $188,686 | $197,369 | ($8,682) | -4.4% |
| Combined | $278,170,359 | $278,190,425 | $843,929 | $843,498 | $431 | |||
Preliminary Assessed Valuation by Categories as of July 8, 2024:
FMPLD Tax Rate Table
| Category | Assessed Valuation Current Year 2024 (PreLim After TIF) | Assessed Valuation Current Year 2023 (Post-BOE After TIF) | Proposed Rate 2024 per $100 of Valuation | Prior Rate 2023 | Amount to Budget Based on Proposed Rate | Amount to Budget Based on Prior Rate | Difference in Dollars of Proposed Rate over Prior Rate | Difference in Percentage of Proposed Rate over Prior Rate |
|---|---|---|---|---|---|---|---|---|
| Residential RE | $162,238,240 | $162,258,940 | 0.272 | 0.255 | $441,288 | $413,708 | $27,581 | 6.7% |
| Agricultural RE | $12,500 | $12,500 | 0.15 | 0.127 | $19 | $16 | $3 | 18.1% |
| Commercial RE | $68,117,283 | $66,576,834 | 0.314 | 0.349 | $213,888 | $237,729 | ($23,841) | -10.0% |
| Personal Property | $45,558,100 | $49,342,151 | 0.4 | 0.400 | $182,232 | $182,232 | $0 | 0% |
| Combined | $275,926,123 | $278,190,425 | $837,427 | $833,685 | $3,742 | |||
Board of Library Trustees
Ferguson Municipal Public Library District
Posted September 17, 2024 using MO State Auditor Calculator with Post BOE assessments.
To print this information, please click here: Public Hearing 2024. To print the previous posting, with the preliminary numbers, please click here: Preliminary Assessments 2024.