As property values have increased substantially in the 12 months since last summer’s rate considerations, Savannahians are looking for their property taxes to increase unless the millage rate were to experience a 10% decrease.

Homeowners in Savannah have seen the valuations of their homes rise to record levels over the last four years. These increases in a home’s valuation mean cumulative increases in property taxes that are well into double digits since 2020.

In other business, the City millage rate will stay the same. But due to increased property values the City will rake in over $7 million in new revenue.