Albany commission adopts rollback millage of 10.644 for fiscal 2026

The Albany City Commission voted unanimously on Dec. 2 to adopt a rollback millage rate of 10.644 mills for fiscal year 2026.

Finance staff presented the rate and the rationale. "We are requesting that we adopt the rollback rate of 10.644," Miss Deaton told the commission, adding the rollback is intended to neutralize the effect of assessment changes. Finance staff also reported an estimated $41,000 reduction in tax revenue tied to the digest change.

Commissioners dispensed with a second reading and moved to adopt the ordinance on the floor. A motion was offered and seconded; roll-call voting recorded approval by the full body. Mayor Bo Dura cast the mayoral vote in favor. The commission described the action as a technical adjustment to keep city taxpayers paying roughly the same amount they paid last year despite changing assessed values.

Why it matters: Adopting the rollback rate preserves the city's revenue-neutral posture while recognizing property-value changes in the digest. The change affects property owners' bills by maintaining tax collections at a level intended to reflect prior-year tax burden rather than raising the city rate in response to rising assessments.

What happens next: With the ordinance adopted, the finance department will finalize the tax notices and proceed with administration for fiscal 2026. Commissioners did not attach other policy changes to the vote.

Provenance: City staff introduced and discussed the millage rate beginning with the finance presentation (topic introduction) and the commission completed the adoption in the recorded roll call (topic finish).