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Gainesville school district plans to decrease tax rate
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The Gainesville City Board of Education will lower the tax rate for fiscal year 2015 at its Aug. 18 meeting. The new rate of 7.48 mills will reflect a tax digest that is higher than previously estimated, preventing a tax increase that would occur if the millage stayed at its currently budgeted rate of 7.59 mills. A mill represents $1 for each $1,000 in assessed value.