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August 22, 2017 — Meeting Minutes
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The motion passed on a roll call vote: Alderman Boulton – Aye; Alderman Berger– Aye; Alderman Lintz – Aye; Alderman Berkowitz – Aye; Alderman Harris – Aye; and Mayor Sanger – Aye. The bill was adopted and became Ordinance No. 6494 of the City of Clayton. Alderman Winings rejoined the meeting at 7:07 p.m. A PUBLIC HEARING TO CONSIDER AN ORDINANCE SETTING THE TAX YEAR 2017 PROPERTY TAX LEVIES FOR FISCAL YEAR 2018 BUDGET (FIRST READING)
Mayor Sanger opened the public hearing and requested proof of publication. City Manager Owens reported that as part of the property tax levy process, the Board will hold a public hearing to seek public input on the proposed tax rates. Thus the City’s maximum levies this year are projected to generate the amount of revenue from the previous year, plus CPI and revenue related to a small amount of new construction, plus the amount available for recoupment. The recoupment process appears to have less of an effect on rates this year than last year. The levies as presented are subject to change by the Board of Equalization and through the Missouri State Auditor’s certification process, therefore there is the potential for the rates to still change slightly. If this occurs, staff will inform you of our options at that time. The General Fund tax levy, which may be used for any general purpose, is projected to generate nearly $6.2 million, or approximately $50,000 less than last year. The City also has a levy to support the debt service of the police building.
The plat is in conjunction with the Centene Clayton Campus Development Sub-district 2 (a, b & c). The Plan Commission considered this plat at their meeting of July 17, 2017 and recommended approval. Following the meeting, the applicant made minor adjustments fromthe plat that was presented to the Plan Commission, and the matter now comes before you with those minor adjustments included. They are as follows: The eastern property line of proposed Lot 1 is now 201.19’ long, whereas it was 201.56. Lot 1 is now 48,700 square feet versus 48,791 square feet (a reduction of 91 square feet)
Lot 2 is now 58,256 square feet versus 58,165 square feet (an increase of 91 square feet)
The intent remains the same, and the square footages and acreage change is very minimal. These changes have been reviewed by the City Attorney who has determined that they are de minimus and should not require reconsideration by the Plan Commission. Recommendation is to approve the ordinance. Alderman Winings recused himself from the meeting at 7:04 p.m. Mayor Sanger closed the public hearing. Alderman Boulton introduced Bill No. 6626, an ordinance to consider approving a subdivision plat for 7528, 7634, 7520, 7518, & 7510 Forsyth Boulevard; 10 South Lyle Avenue; 101 & 105 Carondelet Plaza to be read for the first time by title only. Alderman Berger seconded.
08-22-17 BOA Minutes August 22, 2017 Page 3 of 8 City Attorney O’Keefe reads Bill No. 6626, an ordinance Providing for the approval of a Major Subdivision Plat that Consolidates Properties Addressed 7528, 7634, 7520, 7518 & 7510 Forsyth Boulevard; 10 South Lyle Avenue; 101 & 105 Carondelet Plaza and a Vacated Alley in the City of Clayton, Missouri for the first time by title only. The motion passed unanimously on a voice vote. Alderman Boulton moves that the Board give unanimous consent to consideration for adoption of Bill No. 6626 on the day of its introduction. Alderman Berger seconded. The motion passed unanimously on a voice vote. Alderman Boulton introduced Bill No. 6626, an ordinance to consider approving a subdivision plat for 7528, 7634, 7520, 7518, & 7510 Forsyth Boulevard; 10 South Lyle Avenue; 101 & 105 Carondelet Plaza to be read for the second time by title only. Alderman Berger seconded. City Attorney O’Keefe reads Bill No. 6626, an ordinance Providing for the approval of a Major Subdivision Plat that Consolidates Properties Addressed 7528, 7634, 7520, 7518 & 7510 Forsyth Boulevard; 10 South Lyle Avenue; 101 & 105 Carondelet Plaza and a Vacated Alley in the City of Clayton, Missouri for the second time by title only. The motion passed on a roll call vote: Alderman Boulton – Aye; Alderman Berger– Aye; Alderman Lintz – Aye; Alderman Berkowitz – Aye; Alderman Harris – Aye; and Mayor Sanger – Aye. The bill was adopted and became Ordinance No. 6494 of the City of Clayton.
The General Fund tax levy, which may be used for any general purpose, is projected to generate nearly $6.2 million, or approximately $50,000 less than last year. The City also has a levy to support the debt service of the police building. This levy was approved by voters in 2010 and implemented in 2013 when a previous general obligation bond issue matured. This levy will generate $1.4 million which is higher than last year and will allow us to build a small reserve for this fund. In 2014 the City issued voter approved general obligation bonds, supported by property tax which will generate nearly $1.2 million, slightly more than last year.
08-22-17 BOA Minutes August 22, 2017 Page 4 of 8
The following rates are proposed to be levied for the 2017 calendar year (FY 2018 budget year), and all rates are per $100 of assessed valuation. Rates are also presented for the recent tax history and are listed under the calendar year for which the rates apply.
Property Category 2014 Tax Rate 2015 Tax Rate 2016 Tax Rate 2017 Tax Rate First Reading 2017 Rate Compared to 2016 Rate General Revenue
Residential $0.646 $0.614 $0.629 $0.571 $0.058 Decrease Commercial $0.717 $0.687 $0.792 $0.639 $0.152 Decrease Personal $0.707 $0.707 $0.707 $0.707 No Change General Obligation Debt
Residential $0.124 $0.129 $0.121 $0.141 $0.020 Increase Commercial $0.124 $0.129 $0.121 $0.141 $0.020 Increase Personal $0.124 $0.129 $0.121 $0.141 $0.020 Increase Police Building Debt Service
Residential $0.128 $0.122 $0.123 $0.113 $0.001 Decrease Commercial $0.128 $0.123 $0.124 $0.127 $0.003 Increase Personal $0.123 $0.123 $0.120 $0.123 $0.003 Increase
The schedule below provides the total rate, including the debt levies, for residential, commercial and personal property.
Property Category 2014 Total Tax Rate 2015 Total Tax Rate 2016 Total Tax Rate 2017 Tax Rate First Reading 2017 Rate Compared to 2016 Rate Residential $0.898 $0.865 $0.873 $0.825 $0.048 Decrease Commercial $0.969 $0.939 $1.037 $0.907 $0.130 Decrease Personal $0.954 $0.959 $0.948 $0.971 $0.023 Decrease
For a home valued at $700,000, it is expected that the homeowner would pay approximately $1,097 in property taxes for the City of Clayton portion only. Based on last year’s rate, the same homeowner would pay $64 less than last year, assuming the assessed value remained the same.