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The original item was published from 8/5/2020 12:24:13 PM to 8/6/2020 7:33:09 AM.

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City of Savannah Public Communications

Posted on: July 23, 2020

[ARCHIVED] Public invited to millage rate hearings

Media Announcement
July 23, 2020
For Immediate Release

 

Public invited to millage rate hearings

The Mayor and Aldermen of the City of Savannah are considering adopting a millage rate which will require an increase in property taxes by .92 percent over the rollback millage rate. The .92 percent increase over the rollback millage rate will maintain the current rate of 12.856 mills. The Mayor and Aldermen are simultaneously considering the rollback millage rate of 12.739 mills, but notice of the potential for maintaining the current millage rate must be given per state law.

When the total digest of taxable property is prepared, Georgia law requires that a rollback millage rate must be computed that will produce the same total revenue on the current year’s digest that last year’s millage rate would have produced had no reassessments occurred. The proposed millage rate of 12.856 mills is an increase of .117 mills over the rollback millage rate of 12.739 mills. The proposed tax increase for a home with a fair market value of $100,000 is approximately $4.68 and the proposed tax increase for a non-homestead property with a fair market value of $500,000 is approximately $23.40.

Georgia law requires the City to advertise the rate of 12.856 as a tax “increase” because the rollback rate may not be adopted. While the revenue value of this rate may be higher than the rollback rate, the proposed rate itself remains unchanged from 2019, as seen in the chart attached below. The proposed millage rate of 12.856 mills represents a 26 percent reduction in Savannah’s property tax rate over the past 25 years.

Should City Council choose to adopt the 12.856 rate, Georgia law requires three public hearings to be held to allow the public an opportunity to express their opinions on the increase over the rollback rate.

All concerned citizens are invited to the public hearings on the property tax rate to be held at City Hall, located at the corner of Bay and Bull Streets, Savannah, Georgia, on July 30, 2020 at 6 p.m.; August 13, 2020 at 10 a.m.; August 13, 2020 at 2 p.m.

 

The public may offer comment in one of two ways:

 

1.             Anyone with interest in speaking on this agenda item may submit evidence including written comments to ClerkofCouncil@savannahga.gov or by calling 912-651-6441. Written comments become public record and are shared with the Mayor and Aldermen prior to the Council meeting. Prior to the City Council meeting, persons may also register to speak on the agenda item by registering through the City’s website at www.savannahga.gov/457/Agendas-Minutes

2.             Members of the public may come to City Hall Council Chambers to join the meeting via a Zoom connection.

 

 

City of Savannah Millage Rates

YEAR

MILLAGE

YEAR

MILLAGE

YEAR

MILLAGE

YEAR

MILLAGE

1971

26.00

1986

9.00

2001

13.70

2016

12.48

1972

30.00

1987

11.30

2002

13.70

2017

12.48

1973

28.00

1988

13.30

2003

13.30

2018

13.40

1974

28.00

1989

13.30

2004

13.10

2019

12.856

1975

27.00

1990

13.30

2005

12.90

2020

12.856

1976

27.00

1991

14.30

2006

12.70

 

 

1977

9.00

1992

14.30

2007

12.50

 

 

1978

9.00

1993

15.90

2008

12.50

 

 

1979

8.50

1994

17.46

2009

12.50

 

 

1980

8.50

1995

17.46

2010

13.00

 

 

1981

8.50

1996

17.46

2011

12.50

 

 

1982

8.50

1997

17.46

2012

12.50

 

 

1983

8.50

1998

16.93

2013

12.48

 

 

1984

9.00

1999

16.50

2014

12.48

 

 

1985

9.00

2000

14.80

2015

12.48


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