HomeMy WebLinkAboutLibrary.Agenda.2026-08-27 Date: Q izC
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Board Meeting
Cape Girardeau Public Library Board of Trustees
Thursday,August 27,2026(i> 7 a.m.at Cape Girardeau Public Library,
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I. Approval of minutes of the last meeting
II. Public Comments- Individuals who wish to make comments must be first recognized by the
President. Each speaker is allowed 3 minutes and they must sign in prior to the start of the
meeting.
III. President's Report
A. Public Tax Hearing
I. Open Public Hearing on proposed tax rates for fiscal year ending June 30. 2027
a) A copy of the proposed rates and public notice can be found on the back
of this agenda
2. Close Public Hearing
B. Approval of tax rates for fiscal year ending June 30. 2027—ACTION ITEM
1. General Operating tax rate: 0.1679
2. Temp Debt tax rate: 0.1498
IV. Director's Report
A. Financials
B. Communications
V. Committee Reports
A. Building and Grounds: Red Redinger,Chair
B. Bylaws and Policy: Kathy Wolz.Chair
C. Budget: l..enna Matukewicz, Chair
D. Personnel: Red Redinger,Chair
E. Public Relations: Alix Gasser,Chair
F. Strategic Planning:Jessica Hill,Chair
VI. Unfinished Business
VII. New Business
VIM. Friends of the Cape Girardeau Public Library Foundation
A. Next meeting: Tuesday. September I5^',4 p.in.
IX. Adjournment
A. Next regular meeting: Thursday. September 24th, 7 a.m.
Date: 6 d»17 t`
Time: q:/cc.
Posted by: K. C-..740 -v♦•
CITY OF CAPE GIRARDEAU MUNICIPAL LIBRARY DISTRICT
NOTICE OF PUBLIC HEARING
A public hearing will be held Thursday. August 27i2,2026,at 7am at the Cape Girardeau Public Library, located at 711
N. Clark St, at which time citizens may be heard on the property tax rates proposed to be set,by the Municipal Library
District of Cape Girardeau, Immediately following the close of the public hearing, the Board of Trustees hold a special
meeting and vote to cenify the tax rates for the 2026-2027 fiscal year.
The tax rates shall be set to produce substantially the same revenues,which the budget for the fiscal year beginning July
I, 2026. shows to be required from the property tax. The rates conform to the tax rate ceiling pursuant to 137.073.3 or
137.115 RSMo(depending on the year)as well as any rate revisions required by Article X, Section 22 of the Missouri
State Constitution.The tax rate is determined by dividing the amount of revenue required by the current assessed valuation
as provided by Subsection 3 of Section 137.245 RSMo. The result is multiplied by 100.so the tax rate will be expressed
in cents per$100 valuation.
This notice is given as provided in Section 67.110 RSMo.
Date of publication is August 17'".2026.
Assessed Valuation Current Tax Year Prior Tax Year
b Categories 2026 2025
Real Estate $539,010,890.00 5537,887450.00
Personal Property $160,747,445.00 5157,497,222.00
Railroad and Utility $22,007,849.00 $20,022,893.00
Less: TIE ($7,032,330.00) ($6,858,650.00)
'IOTAI. $714.733,854.00 $708.548,915.00
The proposed tax rates are:
General Operating Tax Rate=0,1679
Temp Debt Tax Rate=0.1498
All figures are based on available information and arc subject to revision by the Board of Trustees any tulle prior to
August 31st.2026.
Cape Girardeau Public Library Board of Trustees
By; Katie Earnhart, Library Director