City passes modified rollback millage rate

Interim City Manager Jeremiah Glisson explained the millage rate, the rate city property owners pay ad valorem taxes, has held steady or decreased in the last 10 years. He presented a budget based on a modified rollback rate, which the city commission approved. Submitted

The Fernandina Beach City Commission approved a decrease in the millage rate, and city staff is moving forward with a budget based on the ad valorem tax revenue that a modified rollback rate will brin…

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