Millage rate rolls back in Valdosta - WALB.com, South Georgia News, Weather, Sports

Millage rate rolls back in Valdosta

August 16, 2006

Valdosta - A property tax rollback in Valdosta.  The City Council lowered the millage rate from 4.41 to 4.40.  The lowered rate will offset the increase in property values.

This means that property owners will either see a decrease in their property taxes or no increase on the city of Valdosta portion of their tax bill.  "It's based on the value of their home and the value went up and so we want to roll it back so they're not penalized just by appreation of their home which is going to happen and we don't want to penalize them for that," said Mayor John Fretti.

Valdosta has the lowest tax rate of the 15 largest cities in Georgia.

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