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Webster Groves reassesses property tax rates amid significant valuation increases

September 03, 2025 | Webster Groves, St. Louis County, Missouri


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Webster Groves reassesses property tax rates amid significant valuation increases
The City of Webster Groves Council meeting on September 3, 2025, focused on the recent property tax reassessment and its implications for residents. The meeting highlighted that personal property is reassessed annually, while real estate is reassessed every odd-numbered year. This year, as it is an odd year, residents received their reassessment notices, which are conducted by St. Louis County.

During the meeting, officials explained how property values are determined. For example, if a home is valued at $1 million, the assessed value is calculated by multiplying by 19%, resulting in an assessed value of $190,000. The median home value in Webster Groves is reported to be $371,000, leading to an average property tax bill of approximately $4,849.15, although this can vary based on location within the city.

The council also discussed the distribution of property tax revenue. Approximately 9% of the total property tax bill goes to the city, while the majority funds local school districts and other services. This year, residential property valuations increased by 13.8%, with some areas seeing even higher increases, such as a 40% rise in Old Orchard.

The Board of Equalization is currently reviewing these assessments, and final valuations will be issued by September 15. Changes made by the board could affect the tax rates, which were presented during the meeting. The general fund tax rate is set to decrease from 0.161 to 0.147, while other rates, such as those for street improvements and pensions, are also expected to decline.

The meeting concluded with a historical overview of tax rates, showing a significant reduction over the past 21 years. Additionally, the library's tax rates were mentioned, which are separate and will generate an estimated $1.8 million for library services this year.

Overall, the discussions emphasized the importance of understanding property assessments and their impact on local taxes, as well as the ongoing review process that may alter the proposed rates before they are finalized.

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Scribe from Workplace AI
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