Local News
Fayetteville to keep current millage
Fayetteville’s City Council split on whether to roll back property taxes for 2018. Courtesy City of Fayetteville
Fayetteville’s City Council voted 3-2 at a called meeting on Sept. 1 to keep its millage rate at 3.874 mills, which effectively raises property taxes by 9.5 percent based on current property values.
A proposal to roll back the rate by .336 mills to 3.538 failed on a 2-3 vote supported by James Williams and Paul Oddo. The current rate will result in a tax increase of approximately $20.16 for a home worth $150,000, or $47.04 higher for a non-homestead property worth $350,000.
The city’s 2018 budget package of $52.4 million was approved in July.
