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Twin City sets 2024 millage rate at 6.136; city reports roughly 4% rollback
Summary
At its Nov. 5 meeting the Twin City Commission voted unanimously to set the 2024 millage rate at 6.136; the mayor said the change represents about a 4% rollback from 2023 and cited a net tax digest of $23,385,595.
The Twin City Commission voted unanimously on Nov. 5 to set the 2024 millage rate at 6.136.
Commissioner Jesse S. Brown made the motion to set the rate and Commissioner William R. Brown III seconded; the minutes record the motion as approved unanimously. Mayor Matt W. Donaldson reviewed the city's five-year millage history and told commissioners the net tax digest is $23,385,595.00. He explained the gross maintenance and operations (M&O) millage of 18.182 less the rollback from the local option sales tax (LOST) of 12.046 produces a proposed net M&O millage of 6.136, down from 6.381 in 2023, which he characterized as approximately a 4% reduction for Twin City taxpayers.
The meeting minutes do not record individual roll-call votes; they record the motion as passing unanimously.
