Posted: Tuesday, September 10th 2013 at 10:27pm
Banks County holds the line on millage rate
By Rob Moore Editor
Banks County Commissioners Danny Maxwell and David Duckett sign documents following Tuesday night's meeting. At right is Chairman Jimmy Hooper. Not shown are Commissioner Sammy Reece and Commissioner Charles Turk. (Photo/Rob Moore)
HOMER - The Banks County Commission Tuesday night approved the county's 2013 tax millage rate at 8.979 mills.
That's the same rate as the past four years, though it will bring in less taxes due to decreases in the county's tax digest.
Figures provided by Banks County officials show real and personal property valuations are down $1,981,336 from 2012, and the overall net maintenance and operations digest is down $9,432,274 over the previous year.
The commission set the general county maintenance and operation millage rate at 13.842 mills, before the Local Option Sales Tax reduction of 4.863 mills, resulting in a total county millage rate of 8.979 mills.
The approved millage rate will result in tax collections being reduced by 1.78 percent, which translates to $84,758 less revenue than 2012.
Commission Chairman Jimmy Hooper commended commissioners for the lengthy hours they put in during numerous meetings and work sessions to arrive at this year's budget.
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