September 23, 2026 — Agenda

Tax Rate Hearing - Public Notice September, 23 2026 - Agenda - Html Tax Rate Hearing - Sep 23 2026 Agenda 6:00 PM Public Notice 1. Tax Rate Hearing Public Notice 1.1 Tax Rate Hearing Public Notice SCHOOL DISTRICT OF CLAYTON PUBLIC HEARING NOTICE September 23, 2026 The School District of Clayton will hold a tax rate hearing September 23, 2026 at 6:00 p.m. in the Boardroom located at #2 Mark Twain Circle, Clayton, MO 63105. The purpose of the hearing will be to present data necessary to set the 2026 tax rate relating to the District’s 2026-2027 fiscal year. The data to be presented includes: 2026 PROPERTY TAX RATES The tax rate(s) shall be set to produce the revenues which the budget for the fiscal year beginning July 1, 2026 shows to be required from property tax collections. Each tax rate is determined by dividing the amount of revenue required by the current assessed valuation. The result is multiplied by 100 so the tax rate will be expressed as a rate per $100 of assessed valuation. ASSESSED VALUATION (AV) DATA Data provided by the St Louis County Assessor’s Office: Prior 2025 Change to Assessed Values New Real Estate Current 2026 Assessed Values Due to Reassessment Construction Values Assessed Values Real Estate - Residential $ 929,287,520 (6,889,250) 2,107,500 $ 924,505,770 Real Estate - Commercial 678,469,700 (9,597,880) - 668,871,820 Personal Property 129,074,740 - 135,393,100 TOTAL $ 1,736,831,960 $ 1,728,770,690 TAX RATES BY CLASS OF PROPERTY As required by RSMo 137.073.4(2), tax rates will be levied by class of property. The tax rates and tax collections by class of property are: FY 2026-2027 2026 2026 2026 2026 2026 2025 Estimated Net Operating Debt Service Recoupment Voluntary Reduction Total Total Tax Collections Levy Levy Levy Levy Levy Levy Real Estate – Residential 32,981,343 3.0617 0.5110 - (0.0236) 3.5491 3.5039 Real Estate – Commercial 32,135,717 3.9069 0.5110 0.3186 - 4.7365 4.3593 Personal Property 6,017,816 3.9337 0.5110 - 4.4447 4.4447 - Less: Estimated Uncollectible -2,845,395 TOTAL 68,289,482 (66,214,342 current + 2,075,140 recoupment) TAX RATES BY FUND A "blended" rate of all classes of property by fund is used for reporting purposes. The proposed 2026 blended rate of $3.9680 is $0.36 greater than the 2025 blended rate of $3.9320. Changes to assessed values cause an inverse change in tax rates Property Tax Revenue Blended 2026 Blended 2025 2026 2026 Blended Budgeted for FY 2026-2027 Tax Rates Tax Rates Recoupment Rev Recoupment Levy General (Incidental) Fund 14,531,667 0.8360 1.0594 - - Special (Teachers) Fund 37,271,294 2.1442 2.1442 Debt Service Fund 8,882,395 0.5110 0.5110 Capital Improvement Fund 8,287,918 0.4768 0.2500 2,161,604 0.1232 Less: Estimated Uncollectible -2,758,931 - 86,464 TOTAL 66,214,342 3.9680 3.9320 2,075,140 0.1232 ADDITIONAL INFORMATION Revenue growth from New Real Estate Construction and Improvements (less estimated uncollectible) $73,412 Revenue loss from Reassessment and/or changes to assessed valuations, and CPI (less est. uncollectible) -$194,091 Revenue growth from decreased Personal Property valuations $273,811 Amount of property tax revenue directed to Tax Increment Finance (TIF) Districts $432,000 NOTE #1: Estimated Uncollectible consists of (a) anticipated fees collected by the St. Louis County Collector's Office, (b) anticipated equalization adjustments, protested and/or unpaid taxes, and settlement of protested taxes, and (c) tax credits resulting from the Senior Property Tax Freeze program. Actual results will vary from these estimates. NOTE #2: The data presented is based upon information available as of September 3, 2026 as provided by the St. Louis County Assessor and the State Auditor's Office. Revisions may be required if updated information is received prior to October 1. All data and calculations are reviewed by the State Auditor for accuracy and compliance with statutes. NOTE #3: Recoupment relates to loss of AV for tax years 2023, 2024 & 2025 resulting from of State Tax Commission decisions. Posted 9/16/2026 Revised 9/16/2026 Public Hearing Notice - 2026.pdf