According to a letter from City Manager Peggy Merriss to the Decatur City Commission – included in the meeting materials (page 19) for tonight’s commission gathering – the city’s real property digest increased by 2% over the 2011 digest, with an overall increase of $24,193,180.  $24,361,738 is due to “new value” and a $168,558 hit was due to revaluation by the County.

The City Manager is recommending that the city hold its combined millage at 13 mills for the coming fiscal year, with a slight decrease in the capital improvement millage (from 1.1 mills to 1 mill) and increases the debt service millage from 1.32 mills to 1.42 mills.  The general operating fund and downtown development authority millage would remain unchanged.