County tentatively OKs rollback millage

The Levy County Commission unanimously adopted a higher property tax millage of 8.5759, up from 7.8144, but that may not be the final word on the property tax rate for the fiscal year that starts Oct. 1.

Under state law, the millage adopted at Tuesday’s meeting for the TRIM (Truth in millage) property tax notices this month — and known as the rollback rate — cannot go higher, but it can be lowered.

The rate will bring in $13,862,208, just $1.2 million over last year’s $12,626,459 for the county General Revenue Fund.

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