Will property owners get millage rate break? - WALB.com, Albany News, Weather, Sports

Will property owners get millage rate break?

May 24, 2007

Albany --  These higher property values will allow Dougherty County to lower its millage rate by a little.

Commissioners are considering reducing the millage rate by half a mil, even though the budget is increasing by about three million dollars. The rollback is because the digest is expected to grow by about 20% with the new property revaluations.

"We're definitely planning on dropping the millage rate, we're still trying to get a firm determination on actual dollars and amounts, but what was shown here today showed a half mill decrease, and we are going to of course try to roll back more than that," said County Commissioner Lamar Hudgins.

The Finance committee will meet again next Tuesday to discuss rolling back the millage even more, and looking at alternate sources for balancing the budget, including reserve funds.

Feedback: news@walb.com?subject=LowerMilageRate/KC