6.07 millage rate approved

This millage rate is higher than last year’s rate.  The vote was 3-2 with Kerdyk and Cabrera “no”.

Many people will pay more than last year with this higher millage rate.  This is less than the so-called roll back rate of 6.17 that the majority of the commission wanted to approve. (The roll back rate gives the city the same revenue as last year–this assumes that last year’s revenue was the “right” amount: it was way too high for some.)

About Stephen E. McGaughey
International consultant in financing development programs and projects

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