NOTICE OF PUBLIC HEARING
LEMAY FIRE PROTECTION DISTRICT
The Board of Directors of the Lemay Fire Protection District of St. Louis County, Missouri hereby gives notice that a public hearing will be held on Monday, August 20th, 2007 at 7:00 p.m. at 1201 Telegraph Road, St. Louis County, Missouri. The hearing shall be on the proposed rates of taxes, at which hearing citizens may be heard prior to their approval.
The tax rates are calculated to produce the revenues necessary and required to meet the annual budget of the District.
The assessed valuations, by category of real and personal property located in the political subdivision, as presently known and available, for the fiscal year for which the tax is to be levied, and for the preceding taxable year are as follows:
2006 2007
Residential $ 118,216,790 $ 147,212,669
Agricultural 180 180
Commercial 22,081,070 31,092,460
Personal Property 36,005,805 35,003,194
Total: $ 176,303,845 $ 213,308,503
Less New Construction Improvement in accordance with 137.073.4(1) RSMo. authorizing political subdivisions to adjust the 2007 tax rate.
$ 972,540 $ 161,880
$ 175,331,305 $ 213,146,623
Proposed Tax
Rate Per ($100)
Fund Blended Residential Agricultural Commercial Personal Budgeted
Rate Property Tax
Revenue
General Fund 0.7550 0.7080 0.9900 0.7130 0.9900 1,610,489
Pension Fund 0.0770 0.0720 0.0000 0.0720 0.1000 163,383
Dispatching Fund 0.0383 0.0360 0.0000 0.0360 0.0500 81,692
Ambulance Fund 0.1754 0.1580 0.3000 0.1740 0.2500 374,206
Debt Service Fund 0.0000 0.0000 0.0000 0.0000 0.0000 0
Total (Blended 1.0457 $ 2,229,770
Rate)
Debt Service
Amount required to pay Debt Service requirement during the next calendar year: $0.00
Note: The foregoing is subject to being revised and adjusted, if necessary, to comply with applicable State Law and reflect any changes in assessed valuations.
Board of Directors Lemay Fire Protection District.
Mr. David K. Meyer
Treasurer of the Board
August 6, 2007