MRH Board of Education Sets 2020-2021 Tax Rates
The Maplewood Richmond Heights School District Board of Education has approved the tax rates for 2020-2021.
The rates were set as $4.0880 for Residential Real Estate, $4.7316 for Commercial Real Estate, $5.5041 for Personal Property, and $1.3500 for Debt Service to be allocated by the blended rate, by fund, as $4.3152 to the Incidental Fund, $0.1000 to the Capital Projects Fund and $1.3500 to the Debt Service Fund.
The debt service rate remains unchanged, as promised to voters during the campaign to pass Proposition E for facility improvements.
Revenue from new construction, improvements and personal property will generate approximately $149,886 for District operations.
This is a non-assessment year.
View the tax rate presentation here.
For more information, contact MRH School District at (314) 644-4400.