Public Hearing Notice - Amend 2024 Tax Levy

NOTICE OF PUBLIC HEARING City of Odessa, Missouri A public hearing will be held at 7:00 p.m., September 23, 2024, at the Dyer Park Community Building, located at 601 W Main Street, Odessa, Missouri 64076, at which time citizens may be heard on the Amended property tax rates proposed to be set by the City of Odessa, a political subdivision. The Amended tax rates are set to produce the revenues which the budget for the fiscal year beginning April 1, 2024, shows to be required from the property tax. Each tax rate is determined by dividing the amount of 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 Prior Tax Year Current Tax Year (by categories) 2023 2024 Real Estate $50,659,260.00 $51,515,348.00 Personal Property $14,408,451.00 $14,636,456.00 Railroad & Utilities State $707,895.00 $647,213.00 Local $17,460.00 $2,111.00 TOTAL $65,793,066.00 $66,801,128.00 2024 AMENDED TAX LEVY INFORMATION . Amount Generated Levy GENERAL FUND $378,629.00 $0.5668 PARK FUND $99,934.00 0.1496 $478,563.00 $0.7164 CITY OF ODESSA Mayor and Board of Aldermen Submitted by: Karen Findora, City Clerk Published in The Odessan, Odessa, MO., September 19, 2024 Posted at City Hall, City of Odessa Website on September 12, 2024