Thursday March 28th, 2024 6:06PM
5:31PM ( 35 minutes ago ) News Alert

Gainesville City Council approves FY2020 budget and millage rates

GAINESVILLE – The fiscal year 2020 budget and the applicable millage rates for property owners in Gainesville are now official; that following five separate, but all unanimous votes Tuesday evening by the Gainesville City Council.

July 1 is the start of the 2020 fiscal year for the city and the various budgets adopted by the taxing entities within the city.  Funding for those budgets comes in part from ad valorem taxes paid by property owners and is measured in mils, or one-thousandths per dollar of taxable value, hence the term millage rate.

First, the city’s FY2020 budget was approved by council members five to zero.

Then the following millage rates were approved, also unanimously:

  • City of Gainesville Government: $1.322 on each $1000 of taxable property, an amount 3 percent less than in the FY2019 budget.

  • Gainesville Fire Services: 1.25 mils or $1.25 on each $1000 of taxable property.

  • Gainesville Parks and Recreation: 75-cents on each $1000 of taxable property.This rate is set by ordinance and does not change year to year.

  • Gainesville Board of Education: $6.614 on each $1000 of taxable property.

The City of Gainesville millage rate of 1.322 breaks down further as 0.771 mils used for general government purposes and 0.551 mils dedicated to debt retirement.

In the case of the Gainesville Board of Education, it established its own fiscal year budget independent of the city and sets the millage rate it needs to fund that budget.  The City of Gainesville collects the property taxes for the school board.

NEW RECYCLING PROGRAM APPROVED

The city council voted unanimously to ratify a Memorandum of Understanding with Hall County, allowing the county to process the recyclable items collected by the city beginning August 1.  The Hall County Commission is expected to give its approval to the MOU at its next meeting.

According to city leaders the lone change to their current recycling pickup service will be that glass will no longer be accepted.  City residents wishing to recycle glass products will need to take those items to the county recycling center on Chestnut Street or to any of the county compactor sites.

According to city leaders this arrangement with Hall County will save the city resources and time.

© Copyright 2024 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.