City Assessments Will Jump Average of 33.7%
By Tom Weber, KWMU
St. Louis, MO – Reassessment notices for people who live in St. Louis City will go out in Friday's mail.
The City Assessor's office says residential assessments are increasing by an average of 33.7%.
The office says that's in response to home sale prices, which have jumped by more than 50% in the past four years.
But that doesn't necessarily mean higher property tax bills because state law controls those increases. State law requires reassessments every two years.
Notices have already been going out in Jefferson, St. Charles, and St. Louis Counties.