Audown Sonia Present Alderman Browning.

Present.

Audowman Velasquez.

Here.

Alderman Devotee.

Chair Aldrich.

Present.

We have five present.

We have quorum.

Thank you.

With that, we have established a quorum.

Next item of business item number three would be approval of the minutes.

I'll take a motion to approve the minutes from Wednesday, December 10th, 2025.

Second.

Move by the Alderman from the fifth, second by the alderman from the ninth.

Madam Clerk, please call to row.

Alder Woman Sonny.

Vice Chair Browning.

Aye.

Alder Woman Velasquez.

Aye.

Alderman Devotee.

Chair Aldrich.

Aye.

We have five eye votes.

Thank you, Madam Clerk.

With that, we have approved the amendment minutes from Wednesday, December 10th, 2025.

We will jump down to item number six committee discussion, which we will hear res we will hear resolution 194.

Aldo Women's White, so you may come up whenever.

Thank you, Chairman Aldrich.

Thank you to the members of the budget committee for hearing this resolution today.

This resolution 194 is the adoption of the assessment maintenance plan, which is required by the city to do uh per state statute.

And here to talk about it today.

I do have assessor Sean Ordway.

Uh but first and foremost, I would hope that we could uh if the committee feel feels um ready to do so, adopt the committee substitute, which has the exhibits for discussion that actually make up the assessment plan, uh which had to be added as um at uh as a um as an amendment as a committee substitute because it needed to go through the board of estimate and apportionment.

Um so that's why we're doing the committee sub today.

But I I would hope that we could get that um committee substitute adopted, and then I would love if if it's all right with uh the chairman to have assessor ordway come up.

Absolutely.

So uh I'll take a motion to put the committee substitute in front of us for resolution 194.

I move that we adopt uh resolution number 194 committee substitute.

It was moved by the Alderman from the 9th to adopt the committee substitute to resolution 194, seconded by the Alderman from the fifth previous role.

Hearing no objection, we have adopted the committee substitute to resolution 194.

Alder Woman, you may proceed.

Thank you, Chairman Aldrich.

Uh and with that, I would love to have uh Assessor Ordway come and speak about what this does and why it's why it's important, why it's needed.

Thank you.

Good afternoon, Mr.

Chairman, um, ladies and gentlemen of the uh committee, and uh thank you, Alderman Schweitzer, for uh sponsoring this resolution.

So every two years, all assessors in Missouri and all 115 counties, including City of St.

Louis, we have to enter into an agreement with the state tax commission.

It's known as a two-year reassessment plan.

If if uh you'll let me, I'll just read briefly from the statute, which covers this section.

Uh reading from chapter 1371 15 on or before January 1st of each even numbered year, the assessor shall prepare and submit a two-year assessment maintenance plan to the county governing body and the state tax commission for their respective approval or modification.

The county governing body shall approve and forward such plan, or its alternative to the plan to the state tax commission by February 1st.

If the county governing body fails to forward the plan, or it's alternative to the plan to the state tax commission by February 1st, the assessor's plan shall be considered approved by the county governing body.

And so what you have in front of you, uh uh, which was the attachment uh and the uh committee substitute is the actual plan that that we prepare every two years for the state tax commission.

We use their template, as you can imagine, they're doing this for 115 counties, so they kind of set the uh the standard for how it's done, and then we uh provide all the information that's particular to the city of St.

Louis.

Um we've done this every two years.

Uh this is my seventh plan that I've been involved with in the city.