The Newnan City Council on Tuesday approved setting the city’s millage rate at 3.082.
The millage rate is the full rollback from last year’s millage rate of 3.12, said City Manager Cleatus Phillips.
“In 2025 the tax digest grew by only 2.11 percent,” Phillips said. “The average digest growth over the previous 10-year period averaged 8.9 percent.”
The reduction in growth for 2025 can be attributed in part to the floating homestead exemption that maintains taxable property value growth at the inflation rate, he said.
Property taxes fund about 19 percent of the city’s general fund budget, Phillips said. At the 3.082 millage rate, the city will bill about $7.45 million, he said.
With the approval of the proposed millage rate, the city has taken the full rollback rate for six of the last s