Porterdale City Council discusses increasing millage rate up to 4 mills
Porterdale will need to amend their 2010 budget in order to balance it after the total assessed value of homes in Porterdale decreased 32.27 percent from 2009 to 2010 — leaving a budget hole of $103,617.22 for the remainder of FY10.
At Tuesday night’s work session, the council discussed a rollback rate and increases of 2, 3 and 4 mills. The town’s current millage rate is 9.156. A rollback rate, or a millage rate that would allow the town to collect the same amount in property taxes as it did the year before even though the net digest is down, would be 13.518 mills.
City Manager Bob Thomson presented figures to the council at Tuesday’s work session and reminded them that the city has changed health insurance plans to save money, has not filled two positions in the public works department and needs two more police officers based on the town’s crime rates. Police Chief Wayne Digby confirmed that according to a formula devised by the Georgia Association of Chiefs of Police, Porterdale was operating two officers short.