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City Commission sets 2nd hearing on property tax rate

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The Rome City Commission will hold its second public hearing on the proposed 2015 millage rate at 11 a.m. Thursday in the Sam King Room at City Hall, 601 Broad St.

The proposed combined rates for the city government and city schools of 26.136 mills will result in a .05 percent decrease from the prior year — a savings of about $1 on a house valued at $100,000.

However, because of an increase in valuations citywide, the board would have to roll back the rate to 25.95 mills — a savings of $8 on a $100,000 house — in order for it not to be considered a tax increase. 

Since that’s not being proposed, state law requires three public hearings before the rate is set.

The first hearing was July 13. The third and final public hearing is set for July 27 at 6:30 p.m. in the Sam King room at City Hall.

For questions related to the public hearing, please contact Sheree Shore, City of Rome Finance Director at 706-236-4420.