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Ballwin maintains zero property tax rate

By: Jim Erickson


The Ballwin Board of Aldermen has approved an ordinance that will maintain a zero property tax levy for the coming year.

Ballwin is authorized under state law to collect a tax rate of up to 27 cents per $100 assessed valuation on real estate in the city. However, the city has not levied any tax on real estate for the past 30 years, relying instead on income from taxes on retail sales, public utility licenses, community program revenues, licenses and permits and other sources.

The measure won approval at the Feb. 12 board meeting with no dissenting votes.

 

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