HANNIBAL FREE PUBLIC LIBRARY BOARD OF TRUSTEES

MINUTES Of THE PUBLIC HEARING ON THE

AD VALOREM TAX RATE, SEPTEMBER 8, 2014

Hannibal Free Public Library Board of Trustees conducted a Public Hearing on its Ad Valorem Tax Rate at 4:00 p.m. on Monday, September 8, 2014, in the 3^rd Floor Meeting Rooms at Hannibal Free Public Library, 200 South Fifth Street, Hannibal, MO  63401.  Present were:  Kim Ahrens, Amber Baxter, Frank DiTillo, Sara North, and Tom Prater.  Absent were:  Pam Ginsberg, David Clayton, Brandi Lionberger, and Pam Warfield.

Also present were John Statsvold of F&M Bank and Trust Company, Karen Sutor and Larry Shepherd of First Bankers Trust Services, and Librarian Hallie Yundt Silver.

Vice President Kim Ahrens chaired the Public Hearing.  She called it to order at 4:00 p.m.

Library Director Hallie Yundt Silver recommended that the Library Board set the Ad Valorem Property Tax Rate at $0.2798 for FY2014-2015.  She stated that the proposed rate was provided by the County Clerk as the maximum allowed by the Hancock Amendment.  She stated that the proposed rate was a few hundredths of a cent more than last year’s rate, which was approved by the Library Board at $0.2795.  She said she recommended the rate in order to balance the Library’s budget.

There was no public comment.

The public hearing was adjourned at 4:02 p.m.

Respectfully submitted,

Hallie Yundt Silver, Acting Secretary

Accepted,

Pamela Ginsberg, President