Public Notice - Tax Rate Hearing 2024

Posted on 08/16/2024
NOTICE OF PUBLIC HEARING

The Board of Education of the Knob Noster R-VIII School District will hold a public hearing in the Knob Noster Elementary School Cafeteria located at 405 East Wimer Street, Knob Noster, MO 65336 at 5:40 p.m. on Wednesday, the 21st day of August 2024, at which time citizens may be heard regarding the property tax rate proposed to be set by the Knob Noster R-VIII School District for the 2024 tax year.  This information is provided pursuant to RSMo.67.110:

Estimated Assessed Valuation by Category

Prior Tax Year 2023

Fiscal Year 2024

Current Tax Year 2024

Fiscal Year 2025

Real Estate - Residential

$45,236,537

$45,795,307

Real Estate - Agricultural

$4,933,120

$4,959,242

Real Estate - Commercial

$7,357,354

$7,489,405

Real Estate - Total

$57,527,011

$58,243,954

Personal Property

$20,901,413

$19,548,146

Locally Assessed Railroad and Utilities - Real Property

$41,668

$47,618

Locally Assessed Railroad and Utilities - Personal Property

$147,237

$79,018

Total Current Valuation

$78,617,329

$77,918,736

 

New Construction (Included in Real Estate Above)

$652,038

Revenue from New Construction (Estimated)

$22,821

New Revenue from Reassessment

$0.0

Percentage of New Revenue from Reassessment

0.0%

 

 The Following Tax Rates are Proposed for Tax Year 2024

 

Fund

Prior Tax Year 2023

Fiscal Year 2024

Current Tax Year 2024

Fiscal Year 2025

Amount of Property Tax Revenues Proposed

10- Incidental – General Operations Fund

$3.4000

$3.4500

$2,688,196

20 – Special Revenue – Teacher Fund

$0.0000

$0.0000

$0.0

30 - Debt Service Fund

$0.0000

$0.0000

$0.0

40 - Capital Projects Fund

$0.04437

$0.0500

$38,959

Total

$3.4437

$3.5000

$2,727,156


The assessed valuation included in this public notice has been certified by the County Clerks and is subject to adjustment pending appeals before the Board of Equalization and Missouri State Tax Commission. Tax rates are subject to change as new information is received. The proposed tax rates are for application per $100 of assessed valuation. Questions may be directed to Dr. Jerrod Wheeler: 660-563-3186 or [email protected].

 Knob Noster Public Schools Board of Education
401 East Wimer Street
Knob Noster, MO 65336
Posted: August 14, 2024