By Karen Cohilas - bio | email
ALBANY, GA (WALB) – Albany city commissioners are giving property owners a slight tax break. The city commission voted Tuesday morning to lower the millage rate by nearly half a point.
For the average homeowner, it's not a major saving, only about $20 a year on a $100,000 home. Last year, after the homeowners tax relief grant was taken away by the legislature, the commission decided it would lower the millage rate by the equivalent of $800,000, and they kept their word.
Mayor Pro Tem Christopher Pike said, "It's important to give the citizens a break as far as their taxes because the reason why we're collecting less taxes is because that's an indication of the economy, so keeping the millage rate where it was would only cause more hardship for the taxpayer."
It may add a bit of a hardship for the city though. The tax digest is lower than anticipated and with the lower millage rate, the city will collect $1.7 Million less than hoped.
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