St. Peters finalizes budgets and rates – Mid Rivers Newsmagazine – midriversnewsmagazine.com

At its Sept. 10 meeting, by a vote of 9-0, the St. Peters Board of Aldermen approved bills establishing the city’s budgets for 2020 and 2021. Rocky Reitmeyer (Ward 1) was absent.

Bills 20-93 and 20-94 respectively set the city’s budgets.

The FY2020 budget will support keeping the property tax rate at $.7700 per $100 assessed valuation, the same rate that has been in effect since 2007.  City budget analyst Erin Gardner confirmed the board will vote on the Jan. 1-Dec. 31, 2020, property tax rate at the board’s Sept. 24 meeting.

Missouri statutes require the city to levy its property tax prior to Oct. 1 each year. Prior to approving the levy, the city is required to hold a public hearing with notice posted seven days in advance. Property tax rates also are subject to certification by the Missouri State Auditor’s office. 

Property tax rates 2019 2020 (proposed)
General Fund $0.5584 $0.5626
Debt Service Fund $0.2116 $0.2074
Total Assessed Rate $0.7700 $0.7700
Budgets FY2020 FY2021
Dollar amount in millions Dollar amount in millions
General $41.77 $40.40
Debt Service $4.30 $4.66
CDBG $0.25 $0.20
County Sewer Lateral Repair $0.06 $0.06
Local Parks & Stormwater $9.20 $8.02
Sewer Lateral Repair $0.73 $0.70
Transportation Trust $13.58 $10.92
Water Service Line Repair $0.23 $0.23
370 Lakeside Park $1.00 $1.16
Environmental Services $11.99 $13.74
Golf & Banquet Center $1.60 $1.79
Recreation $8.46 $8.19
Water/Sewer $15.10 $14.86
Total $108.27 $104.93
Reduced from 2020 3.34
Approximate reduction 3%

The board also passed Bill 20-95 for solid waste service rates effective Oct. 1, and Bill 20-96 for water and sewer rates effective Oct. 1.

The St. Peters residential home collection fee for a standard solid waste container was approved at $24.98 per month, compared to $24.61 per month for the previous year. The new rate is an increase of 37 cents or 1.5% per month.

The St. Peters water/sewer service fee for the average St. Peters residential customer [monthly usage of 4,950 gallons] will be $39.76 per month effective Oct. 1, compared to $37.48 per month for the previous year.  The new rate is an increase of $2.28 or 6% per month.

Gardner noted that the solid waste and water/sewer rates are still substantially lower than in surrounding areas.

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