Taxes & Revenue Sources
Taxes
- Sales Tax (1%)
- Capital Improvements Tax (.50%)
- Park and Stormwater Tax (.50%)
- Additional Sales Tax (.25%)
- Commercial Property Tax ($0.385 per $100 assessed valuation, 2019)
Other Sources of Revenue
- Utility Gross Receipt Taxes
- Intergovernmental Revenue
- Licensing and Permits
- State, Federal and Local Grants
- Miscellaneous Revenue
Revenue Breakdown
Tax Income: Sales/use tax, commercial property tax, etc.
Fee Income: All permit fees, residential sewer lateral program, business/liquor licensing, cell tower lease
Intergovernmental: Motor vehicle taxes, utility franchise fees, cigarette taxes
Other revenue: Accrued interest and miscellaneous income.
At this time, the City is contracted with St. Louis County and we receive no income associated with traffic court fines/fees.