Hogansville City Council held the first two of three planned hearings on its millage rate Monday, the step it must take in lieu of rolling back the property tax rate to match expected revenue.
The city is keeping its millage rate at 7.95 mills, the same rate it’s had for nine years. That will bring in about $450,000 in property taxes, which is up $35,000 from the last fiscal year.
“The city will get about $35,000 this year through re-evaluations,” City Manager James Woods said. “The county has increased taxes on some homes.”
Council had the option of rolling back its tax rate to match the $35,000, but chose not to do that, Woods said.
Only one person spoke at the first hearing Monday morning, asking for a copy of what had been prepared to explain the millage rate. A second hearing was held Monday night.
A third hearing will be at 6 p.m. July 16 before council votes on setting the millage rate for the year.
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