Public Hearing Regarding City of Butler Proposed Tax Rates

A hearing will be held at 7:00 p.m., Tuesday, August 17, 2021 at the Butler City Hall, 22 W. Ohio at which citizens may be heard on the property tax rates proposed to be set by the City of Butler.  The tax rates are set to produce the revenues which the budget for the fiscal year beginning April 1, 2021, shows to be required from the property tax.  Each tax rate is determined by dividing the amount of gross revenue needed by the current assessed valuation.  (The result is multiplied by 100 so the tax rate will be expressed in cents per $100 valuation.)

Assessed Valuation (By Categories)    Prior Tax Year                                           Current Tax Year

                                                                                2020                                                                       2021

Real Estate                                          $        34,3945,916                                                 35,325,958

Personal Property                            $          8,164,519                                                      9,154.059

Total                                                      $        43,110,435                                                     44,480.017

The Following Tax Rates Are Proposed

Amount of Property

Tax Revenues

Budgeted

                                                                                                Proposed Tax Rate (per $100)

Fund

                General                                $      271,550.00                                                0.6105

                Parks                                     $        12,721.00                                                 0.0286

                Lake                                       $          5,515.00                                                  0.0124

                Total                                      $      289,786.00                                               0.6515

                                                                                                City Council of Butler, Missouri

                                                                                                Corey N. Snead, City Clerk/Finance Director

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