The Fort Zumwalt School District tax levy for 2025 was set at the September Board of Education meeting. The levy, at $4.13 per $100 of assessed valuation, is 10¢ lower than last year and $1.11 lower that it was nine years ago. In 2016 FZSD voters approved Proposition K, increasing the tax levy to $5.24 per $100 of assessed valuation. In the nine years since, the typical St. Charles County home price has increased 84 percent according to Zillow.com. In that same time, the district has lowered its operating levy 21 percent.
What does this mean for homeowners?
First, it’s important to understand that state law defines assessed value of residential property as 19 percent of market value. So, the typical St. Charles County home, $342,829 according to Zillow.com, has an assessed value of just over $65,000.
Tax rate is applied per $100 of assessed valuation.
So, in this instance, the owner of a typical home would pay $4.13 x 650 = $2684.50 to FZSD this year.
This is about $71 less than they would have paid without the rollback.
If the approved 2016 rate had not been rolled back as values increased, a typical homeowner would owe roughly $3,413 in 2025.
This does not apply to residents who have qualified for the Senior Citizen Tax Credit.
Since 2016, the cost to educate one student has increased 38 percent.
Since 2016, the FZSD tax rate has decreased 21 percent to reflect higher home values.
More on our School Finance 101 page.
