AMENDED NOTICE OF PUBLIC HEARING
The Board of Directors of the Lemay Fire Protection District of St. Louis County, Missouri hereby gives notice that a public hearing will be held on Tuesday, August 19th, 2008 at 3:00 p.m. at 1201 Telegraph Road, St. Louis County, Missouri. The hearing shall be on the proposed rates of taxes, at which hearing citizens may be heard prior to their approval.
The tax rates are calculated to produce the revenues necessary and required to meet the annual budget of the District.
The assessed valuations, by category of real and personal property located in the political subdivision, as presently known and available, for the fiscal year for which the tax is to be levied, and for the preceding taxable year are as follows:
(Post BOE) (Post BOE)
2007 2008
Residential $ 145,055,919 $ 144,928,477
Agricultural 180 180
Commercial 28,220,960 27,547,300 Commercial-TIF (582,260) (503,990)
Personal Property 35,009,884 35,226,099
Total: $ 207,704,683 $ 207,198,066
Less New Construction Improvement in accordance with 137.073.4(1) RSMo. authorizing political subdivisions to
adjust the 2008 tax rate.
Residential $ 161,880 $ 0 Commercial 0 491,070
$ 207,542,803 $ 206,706,996
Proposed Tax
Rate Per ($100)
Budgeted Tax
Fund Blended Rate Residential Agricultural Commercial Personal Property Revenue
General Fund 0.7806 0.7220 0.9900 0.8220 0.9900 $ 1,617,420
Pension Fund 0.0789 0.0730 0.0000 0.0830 0.1000 163,470
Dispatching Fund 0.0392 0.0360 0.0000 0.0420 0.0500 81,445
Ambulance Fund 0.1814 0.1610 0.3000 0.2010 0.2500 375,758
Debt Service Fund 0.0000 0.0000 0.0000 0.0000 0.0000 0
Total (Blended Rate) 1.0801 $ 2,238,093
Debt Service: Amount required to pay Debt Service requirement during the next calendar year: $0.00
Additional reporting requirements under Section 67.110, RSMo: Increase in tax revenue due to an increase in
assessed value as a result of new construction and improvement, $5,613, or 0.0027%;
- Increase in tax revenue as a result of reassessment, $0.00.
Note: The foregoing is subject to being revised and adjusted, if necessary, to comply with applicable State Law and
reflect any changes in assessed valuations.
Board of Directors Lemay Fire Protection District.
Mr. David K. Meyer
Treasurer of the Board
August 18, 2008