By: Emily Johnson
July 28, 2014
Decatur County, GA - The City of Bainbridge has tentatively increased their millage rate.
The city has increased the millage rate from 3.572 to 5.575. The city said the adopted millage rate will increase property taxes by 54.31 percent. They told us the 50 plus percentage increase represents the additional revenue that is being brought into the city through the millage rate increase.
What the new millage rate means for folks is this. If you own a home with a fair market value of $100,000 you will be paying $80 more than what you're already paying. To do the math to find out what you would be paying is this. 40% * value of home * millage rate(.00575)
City Officials told us it was time for the rate increase.
"We're having to do this now, we could have certainly done it in 2008 or anytime since then. We felt like we were hoping for more of an increase in the economy and see some spending levels come back, but they just haven't done that," said Mayor Edward Reynolds.
While citizens have a different outlook.
"They need to go back and recalculate. You know there's got to be enough people in this community, enough of the population that we could come up with some better solution than that," said Sheryl Wills, City of Bainbridge resident.
There will be three public hearings at City Hall Council Chambers where people can address concerns. Wednesday July 30, 2014 at 10:00A.M. and at 4:00P.M. Also on August 5, 2014 at 6:30P.M.
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