Kirkwood School Board Approves Tax Rates

At its meeting on Monday, September 23, the Kirkwood School District Board of Education approved the tax rates for the 2024-25 school year.
 

At the recommendation of the Kirkwood School District’s Chief Financial Officer, the Board set 2024-25 rates to include a one-time recoupment rate in light of adjustments by St. Louis County after the appeals process during the previous year. This is a standard process each year when there have been modifications to assessed values. Additionally, the proposed rate includes an increase permitted under the law due to reduced assessed values.
 

The Board of Education also approved: 

1. Reverting the tax rates to the voter-authorized ceiling. This would undo a voluntary rollback put into place in 2017.  

2. Rolling back the Prop i tax levy, a temporary levy approved by voters in 2005 that was set to sunset. In 2024-25, the revenue generated through undoing the 2017 roll back would pay the entirety of any remaining Prop i debt.   

3. Voluntarily rolling back of the commercial rate to ensure the undoing of the 2017 roll back did not create an undue differentiated impact on the business community. 
    

The approved residential tax rate is the second lowest approved by the Kirkwood School District Board of Education in more than 30 years.  
 

The rates were reviewed and approved by the State Auditor’s Office to ensure compliance with Missouri law. 
 

Authorized Tax Rate Ceilings by Category: