City Council held its first hearing on its Fiscal Year 2016 ad valorem property tax rate on July 7.
The rate would remain 4.731 mills, which is fixed in the city charter and can only change by voter referendum.
However, state law requires the millage rate to be advertised as a tax increase if it is not fully rolled back. According to the city, after county property reassessments, there was an effective 4.41 percent increase in local property taxes paid, following the rollback calculation.
The final hearings on the tax rate will be held July 21 at 7:30 a.m. and 6 p.m. at City Hall.

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