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BREAKING BOSSIER NEWS 6pm 8-5-08 Bossier City Council Votes Property Owners A Tax Rollback
Tuesday, Aug 05, 2008 4:15pm

BOSSIER CITY, LA (By: Tom Pace, Executive Editor, Talk of the Town) BREAKING: BOSSIER CITY NEWS 6PM 8-5-08 The residents of Bossier City are getting some welcome tax relief from their council members. Today, the Bossier City Council unanimously approved an ordinance today to rollback the city’s millage rate from 23.37 Mils to 21.69 Mils in a move to offset an increase in property assessments. 

The rollback means Bossier property owners will pay approximately the same amount of property taxes this year as they did in 2007. Had the City Council chosen not to rollback the rate, property owners would have had to pay an addition $1.7 million in total taxes this year due to the rise in property assessments.

Mayor Lorenz Walker says he will sign the measure to enact the reduced rate.

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