For the second consecutive year, the Ste. Genevieve County Ambulance District board members set its personal property tax rate at the maximum allowed by law at a tax hearing prior to its monthly meeting last Thursday.
The board approved a tax rate of $.0.0253 per $100 of assessed valuation.
From 2010 through 2017 the board either rolled back or maintained its tax rate each year.
A half-cent sales tax, passed by voters in 2006, made the rollbacks possible. In recent years, however, sales tax revenue has decreased.
“[Calendar year] 2018 sales tax was down from 2017,” executive director Kendall Shrum told the board. “It was down by $7,613. For this year, we’re running right on line. Sales tax revenue is $3,214 for the year over where we projected.”
He called that “pretty well right on target” for 2019.
He said the county’s assessed valuation has increased by $5,288,571, or 1.13 percent, in the last year.
The ambulance district board had taken its rate from $0.0400 in 2011 to $0.0209 in 2017, but it increased to $0.0241 last year.
See complete story in the August 21 edition of the Herald.