The citizens of Midway should see a decrease in property taxes in the 2017 fiscal year budget. Although the city’s rolled-back rate, which would keep property taxes the same as the previous year, is 5.08, the maximum millage rate the City’s charter allows is 5.0.
At a special meeting Thursday, Sept. 15, Auburn Ford, Midway’s city manager, said this is a first. He said the city has never seen a property tax cut.
Councilmember David Knight said the cut is due to a decrease in property value.