Maplewood City Assistant Manager Anthony Traxler explained in an email to 40 South how the measure city officials approved to be on the April municipal elections ballot would effect home owners. The proposal for an increased tax to cover trash and recycling pickup would add $0.10 per $100,000 assessed valuation.
The current residential rate is $0.218 per $100 assessed valuation. This rate was passed by Maplewood voters in 2004. See the 2004 resolution here.
Traxler says the bottom line is that if the new tax is approved, it will cost residents $19.00 for every $100,000 of appraised value. If it’s not passed, a fee billed to residents would cost $8.16 per month or $97.92 annually. “Therefore, the tax would definitely be cheaper for residents vs. the user fee option,” he said.
He said in the council meeting on Tuesday that if passed, the new rate would cover the expenses for 10 years.
He included in the email a flyer from St. Louis County that explains how the 10 cent increase would equate to $19.00 per year for every $100,000 of appraised value. The highlights are Traxler’s. See the flyer here.