St. Charles Community College- County
NOTICE OF PUBLIC HEARING
ST. CHARLES COMMUNITY COLLEGE
Prior to setting the rate of taxes as provided by statute, the St. Charles Community College Board of Trustees is conducting a public hearing on the proposed rate of taxes for fiscal year 2018-2019. The hearing will be at 6:00 p.m. on Monday, September 24, 2018 in the Social Sciences Building Board Room, Room 2102, St. Charles Community College, 4601 Mid Rivers Mall Drive, Cottleville, Missouri 63376.
Real Estate $6,836,464,915 $6,976,679,748
Personal Property 1,301,063,672 1,362,255,474
Other Property 251,845,854 232,027,218
Total $8,389,374,441 $8,570,962,440
The required sum to be raised from the property tax to support the operating budget adopted by the Board of Trustees is $14,468,000. The proposed rate of taxes necessary to produce substantially the revenue required for the fiscal year 2018-2019 operating budget is $0.1666 per $100 of assessed valuation.
The required sum to be raised from the property tax to support the bonded debt retirement is $3,082,850. The proposed rate of taxes necessary to produce substantially the revenue required for the fiscal year 2018-2019 debt retirement is $0.0450 per $100 of assessed valuation. All amounts are subject to change.
Vice President for Administrative Services
St. Charles Community College
11622992 St. Charles Sep. 19, 2018