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Gainesville school board decides not to roll back tax rate
As overall property values increase, maintaining the same tax rate brings in more revenue
GainesvilleSchoolBoardOffice
After considering four options, members of the Gainesville school board approved a tentative tax rate of 6.85 mills — the same tax rate that funded the district last year — because of concerns about dipping too much into the school system’s fund balance. Since the tax rate will result in a tax increase for some taxpayers because of higher reassessments, three public hearings are required before the board has a final vote next month.