City property tax rate to be lower than expected

By Martha StoffelWeekly Reporter O’FALLON – O’Fallon property owners will see a lower 2020 property tax rate than originally expected.Director of Finance Sandy Evans told the Finance & Administration Committee Monday night that the final, rate-setting Equalized Assessed Valuation (EAV) from St. Clair County came in higher than expected. The property tax rate is calculated…