Details for Dunklin School Tax Rate Hearing

NOTICE OF PUBLIC HEARING

2019-2020 Aggregate Assessed Valuation for
Dunklin R-5 School District
A public hearing will be held at 7:00 p.m., September 17, 2019, at Dunklin R-5 Schools, in the District
Central Office, at which citizens may be heard on the property tax rates proposed to be set by Dunklin
R-5 School District, a political subdivision. The location of the hearing is 497 Joachim Avenue,
Herculaneum, MO 63048. The tax rate shall be set to produce the revenues which the budget for
the fiscal year beginning July 1, 2019, shows to be required from the property tax. Each tax rate is
determined by dividing the amount of revenue required by the current assessed valuation. The results
are multiplied by 100 so the tax rate will be expressed in cents per $100 valuaion.
Assessed Valuation
Prior Tax Year
Current Tax Year
(By Categories)
2018
2019
Real Estate - Residential
Personal Property


Fund

$ 121,979,081.00
$ 36,745,066.00
$ 158,724,147.00
Amount of Property Tax
Revenue Budgeted


Incidental
$ 6,465,486.50
Teachers
0.00
Capital
0.00
Debt Service		 1,350,385.50

$ 7,815,872.00

$126,123,945.00
$ 37,658,391.00
$163,782,336.00
Proposed Tax Rates
(per $100)
Unadjusted

Adjusted

4.0697
0.0000
0.0000
0.8500
4.9197

4.0697
0.0000
0.0000
0.8500
4.9197

The following Tax Rates are proposed and may be revised prior to September 17,
2019 as additional information becomes available.
New Construction and Improvements:
New Revenue from New Construction and Improvements
$76,895.00
New Revenues from Reassessment			 $128,164.00
Percentage of New Revenues from Reassessment		1.98%
Prepared By: Katie Thone
Treasurer to the Board of Education
Board of Education
Dunklin R-5 School District
Dawn Warner, Board President
Lisa Ruiz, Board Secretary
This hearing satisfies CH 67.110 RSMo and this notice satisfies CH 67.110 RSMo.

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