Thomasville hopes to eliminate property tax -, South Georgia News, Weather, Sports

Thomasville hopes to eliminate property tax

By Christian Jennings - bio | email

THOMASVILLE,  GA (WALB) - Thomasville city leaders want to roll back the millage rate and eventually get rid of the city property tax all together.

They're recommending reducing the millage rate from 2.55 mills to 2.50 mills. Over the next four years the city hopes to eliminate the tax.

They say that would stimulate the local economy by freeing up money to be spent at local businesses. It will also allow them to focus on economic development by drawing in new business.

"Thomasville has been operating mostly off enterprise funds for many years and so for it to get rid of a property tax as one of it's revenue sources, isn't as difficult here as it would be in most communities that rely heavily on taxes," said Steve Sykes, Thomasville City Manager.

The city's electric, CNS cable, sewer, and sanitation departments are enterprise departments that bring in the most money for the city.

They want to focus on growing those areas to take the burden off taxpayers.  The city council will meet September 28th at 7 pm to vote on the new millage rate.

©2009 WALB News. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.  Feedback

Powered by Frankly