Millage Rate Public Hearing
Mayor and Council Special Called Public Hearing on Millage Rate
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Sep 15, 2025 at 06:00 PM
Meeting Information
A special called public hearing of the Mayor and Council to discuss the city's millage rate for the 2025 tax year, including public input and official explanations regarding property taxes.
Meeting Summary
Public Hearing on Millage Rate
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The Mayor and Council convened a special called public hearing to discuss the 2025 millage rate for the upcoming tax year. [Video 03:45:00]
Resident Concerns on Property Tax Increases
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A resident, Daryl O'Hare, voiced concerns that property taxes are increasing due to rising home values, despite the millage rate remaining stable, impacting the cost of living. [Video 04:47:00] [Video 05:04:00]
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The resident inquired about the possibility of implementing a 'rollback millage rate' to ensure the city collects the same amount in taxes as the previous year, rather than increasing the effective tax burden on homeowners. [Video 05:36:00] [Video 06:48:00]
Clarification on Millage Rate and Tax Impact
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The Mayor confirmed the distinction between maintaining the current millage rate and a rollback rate, acknowledging that keeping the current rate would lead to higher tax payments for homeowners due to increased property valuations. [Video 07:04:00] [Video 07:22:00]
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Chief Financial Officer Bill Godshall illustrated that for a $550,000 home, the current 4.949 millage rate would result in approximately $1,089 in property taxes, whereas a rollback rate of 4.658 would reduce this by $69 annually. [Video 07:58:00] [Video 08:43:00] [Video 08:58:00]
Council's Long-Term Goal for Property Tax Reduction
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Council members discussed ongoing economic development initiatives aimed at reducing property taxes, noting that a single development could generate revenue equivalent to more than one mill. [Video 09:33:00] [Video 10:13:00]
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The Mayor reaffirmed the city's ultimate objective to eliminate residential property tax for Roswell residents, emphasizing budgeting and new revenue sources through economic development as key strategies. [Video 10:47:00] [Video 11:13:00]
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A council member clarified that the special meeting was a state law requirement for cities not rolling back the millage rate, necessitating three public hearings, one of which must occur between 6 PM and 7 PM. [Video 11:38:00] [Video 11:59:00]
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on Sep 18, 2025
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