Prop R Tax Hike Would Help To Fund Community College System
|  photo by St. Louis American An initiative on the Aug. 3 ballot aims to fund updates to St. Louis Community College facilities and programs. Proposition R is an eight-cent operating rate increase, and the first increase for the community college system in nearly 40 years. A âyesâ vote supports increasing the property tax from 20 cents per $100 of assessed value to 28 cents per $100. If approved by voters, the additional tax cost for the owner of a $150,000 home would be about $23 per year. Prop R would fund new and updated learning spaces across the four main community coll...
Source: timesnewspapers.com