Latest news with #BoardBill23
Yahoo
6 days ago
- Business
- Yahoo
Property Tax rebate approved for tornado victims
ST. LOUIS – The St. Louis Board of Aldermen approved a bill to provide tornado victims with a property tax rebate. Friday morning, the board passed board bill 24 to help ensure that homeowners who lost their home in this month's tornado will get some property tax relief. Their taxes will be eligible for a pro-rated rate. Another bill, board bill 23, was on the agenda for final passage, but it will now be held until Tuesday after being amended earlier this week. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Board Bill 23 would provide rental assistance to tornado victims through the city's Impacted Tenant Fund. The board of aldermen has met three times this week to discuss this bill. 'Typically a board bill from start to finish takes about a month, but this board is showing how we are moving diligently, and we are moving quickly,' Ward 14 Alderman Rasheen Aldridge said. Even if passed, though, it is unknown how many people will benefit. The funding for the rental assistance program sits at $100,000 right now, with another $160,000 expected to be allocated in the coming weeks. 'We are working with the budget director and the administration to identify other potential funding sources we can pull from in order to get more money into that fund. I think everybody recognizes that $260,000 is not going to be enough,' Board of Aldermen president Megan Green said. Jacqueline Hines has owned her home on Page for 18 years. The back wall of the brick house collapsed in the tornado. She says she is grateful for all of the relief options being considered, but until she knows she qualifies, she is not waiting around. 'Until then, we still have to keep going. I still need stuff to be moved and I'm not waiting on nobody. So if anybody needs a job, I'm hiring because I'm not sitting on this porch for the sun. It already burned me,' she said. If Board Bill 23 is approved on Tuesday, the city still needs to implement an application process. It is unclear exactly when renters would be able to apply for relief. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
7 days ago
- Business
- Yahoo
St. Louis City Board of Aldermen expected to pass two tornado relief bills
ST. LOUIS – Two bills aimed at providing financial assistance to tornado victims are expected to pass Friday morning through the St. Louis City Board of Aldermen. The bills are designed to support residents affected by the recent tornado that caused significant damage in St. Louis. One bill focuses on helping renters, while the other provides relief for homeowners. The tornado resulted in the deaths of five people and damaged 5,000 structures, with Mayor Cara Spencer estimating the total damage at $1.6 billion. 'Will you marry him?': 3rd grade teacher proposed on last day of school The Board of Aldermen fast-tracked Board Bills 23 and 24, ensuring they were ready for passage as soon as possible. In a special meeting Wednesday, the board had a second reading of the bills and perfected them, steps usually taken at separate meetings. Board Bill 23 provides renters with one month's rent to help them find a new place to live if their apartment or house was destroyed. Board Bill 24 offers homeowners whose homes were destroyed a reduction in property taxes. With unanimous support from the aldermen, these bills represent a crucial step in aiding residents as they recover from the tornado's devastation. All facts in this report were gathered by journalists employed by KTVI. Artificial intelligence tools were used to reformat from a broadcast script into a news article for our website. This report was edited and fact-checked by KTVI staff before being published. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
