Finances

  • Assessed valuation 2020–2021

    Assessed valuation is the taxable portion of the market value of real estate and/or personal property, such as cars or boats. SSD encompasses all of St. Louis County and the portion of Jefferson County served by Rockwood School District. SSD’s countywide status allows the District to use the total assessed valuation of the area within its boundaries in determining its tax rate. For 2020–2021, the valuation of the area within the District’s boundaries is $27,598,219,636.

    SSD tax rate 2020–2021

    By state law, residential property is assessed at 19 percent of its market value. This means that taxes paid to SSD on a home valued at $100,000 would be $210.46 annually based on the 2020–2021 tax rate of $1.1077 per $100 assessed valuation. As with assessed valuation, the SSD tax rate applies to property in St. Louis County and the portion of Jefferson County served by Rockwood School District.

    (0.19 x $100,000 x 1.1077) / $100 = $210.46

Revenues/Expenditures

  • For the 2019–2020 school year, the District’s total operating revenue was $478 million, with expenditures of about $444 million.

    FY20 revenues by source
    (in thousands)
    :

    Local — $336,341 (70%)
    (Includes Local, County, Non-current and Contracted)
    State — $101,987 (21%)
    Federal — $39,885 (9%)

    FY20 expenditures
    (in thousands)
    :

    Staff Salaries — $284,892 (64%)
    Staff Benefits — $102,501 (23%)
    Purchased Services/Supplies — $41,787 (9%)
    Capital Outlay — $13,811 (3%)

  • View Financial Reports
  • A complete copy of the FY21 budget can be viewed in the superintendent's office during business hours or to request a copy, call 314.989.8281.