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8 Comments:
Star, how do we know that you didn't call them to make VO look bad by telling people that you bet she did it? See how easy it is to speculate in any direction we want to start or spread rumors? I don't think we need a gossip blog here, there are enough of those already.
8/15/2006 5:27 PM
Pardon my ignorance, but what does 'setting the tax rate' mean? I am fearful.
8/15/2006 5:35 PM
notjack:
The word "district" in the phrase "school district" is often overlooked, but truly means that it is a special tax district, such as a transportation district. The Board of Education for the St. Louis Public Schools District has the power to set the rate at which those in the district are taxed for the purposes of funding the schools.
8/15/2006 6:02 PM
notjack: important fact that travis failed to mention... a home worth $100,000 pays more than half it its tax bill or about $750 to the St. Louis Public Schools.
star: still feel like your free entertainment is a bargin? here's what you get for your money: half the kids don't graduate, most won't take the ACT; of those who graduate, most don't go to college, much less graduate from college. the "best enertainment" students will never be able to buy a $100,000 home!
8/16/2006 3:59 AM
If I read this right, that is what I was afraid of, that the people who are elected by less than 15% of the the electorate [those who vote for the school board] set property tax rates.
So am I correct to say that the school board has the power to effect the size of my property tax bill at its sole discretion?
Please, let my reading skills be deficient.
8/16/2006 10:28 AM
notjack, I think the law spells out how to calculate the rate, and the board merely makes it official. Is that your take too, Travis? I thought last year they wanted not to lower it, but it would not have been legal if they hadn't, right?
8/16/2006 10:35 AM
The Board can only adjust the rate to accommodate the Hancock Amendment. In fact, if the total assessed value taxable in the City has increased, the rate should decrease per Hancock. Any significant increase in the tax rate would still require a citywide vote.
8/16/2006 10:52 AM
This comment has been removed by a blog administrator.
8/16/2006 11:56 PM
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