Albany taxpayers may get small break - WALB.com, Albany News, Weather, Sports

Albany taxpayers may get small break

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By Karen Cohilas - bio | email

ALBANY, GA (WALB) –  The proposed city of Albany budget for next fiscal year would give property owners a small tax break.

City leaders got a first look at the plan Tuesday.  It's just less than $104 million, an increase of about $300,000 from this fiscal year.

City Manager Al Lott hopes the city will be able to roll back the millage rate by nearly a half point.  That would require pulling nearly five million dollars from reserves. 

The budget does not include raises for city workers or money to demolish the old Heritage House hotel.  The good news is it does not include layoffs or furloughs. 

"I think it's a balanced budget.  It's fair.  I'd like to say that all the services that we promise will be delivered this year effectively and we're happy about that," said Lott.

The rollback in the millage rate amounts to about an $800,000 decrease in collections for the city.  More than half of the city's budget goes to pay for salaries and benefits for employees.

 

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