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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…