Thursday, August 4, 2016

Decatur finalizes millage rates for 2016


During their Monday night meeting, the Decatur City Commission adopted the school millage rate approved earlier by the Decatur Board of Education.  The school millage rate of 18.66 is the same as it was last year.  The City approved its own millage rates in June.  The combined millage rate for 2016 is 31.83 mills as shown in the table below.

Fund
Millage
General Fund
9.3
Capital
1
DDA
0.38
Bond
0.92
School Bond
1.57
School
18.66
Total
31.83

The combined millage rate during the 1st installment billing was 32.23 mills.  The millage rate for 2015 was 30.66 and did not include a school bond charge.

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