PUBLIC HEARING NOTICE
CAPE GIRARDEAU COUNTY COMMISSION TO HOLD HEARING
ON 2020 PROPOSED PROPERTY TAX RATES
A public hearing will be held at 9:00 AM, Thursday, August 27, 2020 at the former County Courthouse, 100 Court Street, 3rd Floor Courtroom, Jackson, Missouri 63755, at which time citizens may be heard on the property tax rates proposed to be set by the Cape Girardeau County Commission. The tax rates shall be set to produce the revenues which the budget for the fiscal year shows to be required from the property tax.
Assessed Valuation Prior Tax Current Tax
Year 2019 Year 2020
Real Estate 1,087,573,883 1,104,753,682
Personal Property 322,567,150 327,456,117
ASSESSED VALUATION TOTAL 1,410,141,033 1,432,209,799
TIF Amount 7,295,380 subtracted
THE FOLLOWING TAX RATES ARE PROPOSED BY FUND:
Amount of Property Tax Revenue Budgeted 2020 Proposed Property Tax Rates
(Assumes 100% Collection) (Per $100 Assessed Valuation)
General Revenue $ 1,074,157 0.0750
Senior Services $ 684,596 0.0478
Mental Health $ 1,105,666 0.0772
Senate Bill 40 $ 792,012 0.0553
Road & Bridge $ 0.00 0.0000
Cape Girardeau County Road & Bridge
Assessed Valuation: 594,260,106
TIF Amount 1,097,660 subtracted
CAPE GIRARDEAU COUNTY COMMISSION
By: Kara Clark Summers
Cape Girardeau County Clerk