The city of Neosho will solicit citizens’ input on the proposed property tax rates for the 2015 fiscal year when the Neosho City Council hosts the annual property tax rate public hearing on Tuesday.

The public hearing will begin at 7 p.m. at the outset of the council’s regular meeting.

Troy Royer, city manager, explained the tax rates shall be set to produce the revenue, which the budget for the fiscal year beginning Oct. 1 shows to be required from the property tax and not to exceed the property tax ceiling approved by the Missouri State Auditor’s office.

Royer reported the levy was lowered this past year to $0.4043 per $100 assessed valuation from the ceiling of $0.4256. He said the levy for the coming fiscal year will be discussed at Tuesday’s public hearing.

“Right now I think they’ve left it at what it is, just until we get in there, and one of the reasons for that is the unknown factor of what the legislature is going to do with these tax exemptions, and what kind of real reduction are we going to truly see, because of these exemptions,” he said.

Royer said the property tax levy calculations are based each year on a long list of items, including assessed value and debt requirements, without going above the ceiling.

He said they cannot budget by anticipating 100 percent collections of property taxes.

“It never happens,” said Royer. “You’ll always have delinquent taxes.”

He said they try to be conservative on budgeting property taxes.

“Because too, for the fact that you’re never going to get 100 percent collection for the current year, you don’t know what delinquents you’re going to get in from prior years,” he said.

He said they have been budgeting about $400,000 for property taxes each year, and with an increased assessed valuation in the city this year, Royer said he plans to budget $410,000 for next year, though that will be up for discussion with council and the public on Tuesday.

Following the public hearing, Royer said council will approve a proposal under emergency reading, and then hold the second and third readings because that is due back to the State Auditor before the end of this month. That will figure into the city’s 2015 fiscal year budget, which must be provided final approval by council by the end of September.