PUBLIC NOTICE
CAPE GIRARDEAU COUNTY COMMISSION TO HOLD HEARING
ON 2016 PROPOSED PROPERTY TAX RATES
A public hearing will be held at 9:00 AM, Monday, August 29, 2016 at the County Administration Building, 1 Barton Square, 3rd Floor Commission Chambers, Jackson, Missouri, 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
(By Categories) Year 2015 Year 2016
Real Estate 971,082,263 997,753,093
Personal Property 288,681,579 297,379,120
ASSESSED VALUATION TOTAL 1,256,091,492 1,291,382,263
TIF Amount 3,749,950 subtracted
THE FOLLOWING TAX RATES ARE PROPOSED BY FUND:
Amount of Property Tax Revenue Budgeted 2016 Proposed Property Tax Rates
(Assumes 100% Collection) (Per $100)
General Revenue $653,439 0.0506
Senior Services $617,281 0.0478
Mental Health $996,947 0.0772
Senate Bill 40 $714,134 0.0553
Road & Bridge $0.00 0.0000
Cape Girardeau County Road & Bridge
Assessed Valuation: 510,733,827
TIF Amount 1,076,420 subtracted
CAPE GIRARDEAU COUNTY COMMISSION
By: Kara Clark Summers
County Clerk