Tax Rollback Right Thing to Do

Economy |
By David Stokes | Read Time 2 minutes

Protesters, including several elected officials, gathered outside the county council last night to demand a rollback of St. Louis County’s property taxes this year. This is an assessment year in Missouri, as I am sure you are all aware, and the average assessment went up 22 percent in St. Louis County. Now, this does not mean that the county budget will go up 22 percent, as property taxes are just a portion of that budget, but it does mean that the county’s take from property taxes will increase significantly this year because of the assessment alone. And assessment, and you also probably know, is supposed to be revenue-neutral.

If you are wondering why St. Louis County is not legally required, like many other governmental entities, to roll back its rates, it is because the county’s tax rates are so far below the authorized maximum that the Hancock provisions do not apply. Now, that, of course, is a good thing, and many county leaders, past and present — including Charlie Dooley — deserve a great deal of credit for maintaining that low tax rate. However, as Senator Mike Gibbons has repeatedly said for several years now, just because you are not required to roll back rates doesn’t mean you shouldn’t. (How is that for a triple negative?)

Even a slight rollback of the county property tax rates would send an important message to county property owners that St. Louis County is not going to just take the extra money and keep all of it. Some of it must be sent back to property owners in the form of a tax cut. The county council did just that in 2005, led by Kurt Odenwald, and Charlie Dooley signed that legislation. The public would be well served if the council did so again, and Mr. Dooley signed it again.

About the Author

David Stokes is a St. Louis native and a graduate of Saint Louis University High School and Fairfield (Conn.) University. He spent six years as a political aide at the St. Louis County Council before joining the Show-Me Institute in 2007. Stokes was a policy analyst at the Show-Me Institute from 2007 to 2016. From 2016 through 2020 he was Executive Director of Great Rivers Habitat Alliance, where he led efforts to oppose harmful floodplain developments done with abusive tax subsidies. Stokes rejoined the Institute in early 2021 as the Director of Municipal Policy. He is a past president of the University City Library Board. He served on the St. Louis County 2010 Council Redistricting Commission and was the 2012 representative to the Electoral College from Missouri’s First Congressional District. He lives in University City with his wife and their three children.

Similar Stories

Support Us

Headline to go here about the good with supporting us.

Donate
Man on Horse Charging