Millage Rate Public Hearing
Thursday, August 6
NOTICE OF PROPERTY TAX INCREASE The Mayor and Aldermen of the City of Savannah have tentatively adopted a millage rate which will require an increase in property taxes by 7.12 percent. All concerned citizens are invited to the public hearings on this tax increase to be held at City Hall, located at the corner of Bay and Bull Streets, Savannah, Georgia on July 23, 2015 at 10:00 AM and 6:00 PM. The time and place of the additional public hearing on this tax increase is at City Hall, located at the corner of Bay and Bull Streets, Savannah, Georgia on August 6, 2015 at 2:00 PM. This tentative increase will result in a millage rate of 12.48 mills, an increase of .83 mills. Without this tentative tax increase, the millage rate will be no more than 11.65 mills. The proposed tax increase for a home with a fair market value of $125,000 is approximately $39.58 and the proposed tax increase for a non-homestead property with a fair market value of $525,000 is approximately $177.68.