Laurel Hill millage rate to remain unchanged for 2015-16

LAUREL HILL— The City Council unanimously approved setting a 3.5 mills millage rate for the 2015-16 fiscal year.

The rate is unchanged from this year. By law, once it is established, the millage rate cannot be raised during budget planning, although it can be lowered.

One mill is $1 of tax per thousand dollars of taxable property value.

This article originally appeared on Crestview News Bulletin: Laurel Hill millage rate to remain unchanged for 2015-16