Politics & Government
Some Property Taxes Lowered for Maplewood Homeowners
Maplewood City Council approved a rollback in property taxes.
Homeowners in Maplewood soon will pay fewer taxes to the city.
That's because Maplewood City Council by $.01 per $100 of assessed valuation on Tuesday. The rate was set at $0.791, which is down from last year’s $0.801.
For a $100,000 home, that's a savings of $1.90 compared to last year's bill.
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The rate was set below what the assessed valuation called for, City Manager Marty Corcoran said.
The commercial rate was also reduced by $0.214 per $100 of assessed valuation, with the rate set at $0.916. The commercial rate went down because the assessed valuation went up compared to last year.
Find out what's happening in Maplewood-Brentwoodwith free, real-time updates from Patch.
Personal property tax remains the same at $1.230 per $100 of assessed valuation.
Check back with Maplewood-Brentwood Patch on Monday for a story on the tax rates set by the Maplewood Richmond Heights School District.