College Park aims to maintain same millage rate

College Park’s mayor and city council announced Wednesday its intention to maintain the same millage rate of 12.619 mills. The city invites all College Park citizens to three public hearings at College Park City Hall Council Chambers, 3667 Main St. regarding the setting of the 2015 millage rate:

For the past three years, the City of College Park’s millage rate has remained the same. The proposal by the council to return to the 2012-2014 millage rate follows a decrease in property taxes of 10.08 percent in calendar year 2014. Furthermore, the Net Tax Digest for calendar year 2015 is $123.2 million less when compared to the Net Tax Digest for calendar year 2014. Additionally, the net taxes levied for 2015-16 are $1.55 million less than previous year.