US city green lights new ‘$1 per $1,000’ rule for homeowners in move not seen since 1998

A US CITY has given the green light to a new property tax rate for homeowners, marking a move not seen in nearly three decades. Rincon, Georgia, city council unanimously voted to approve a millage rate increase for the first time in 28 years. A millage rate is a property tax rate expressed as dollars...

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