Live Oak proposes slight tax rate decrease

Maximum millage rate set at 9.25, down from current 9.2623.

Live Oak City Manager Larry Sessions recommended the City Council adopt a reduced millage as its maximum but not the rollback rate to provide flexibility during the budget process. (JAMIE WACHTER/Lake City Reporter)
Live Oak City Manager Larry Sessions recommended the City Council adopt a reduced millage as its maximum but not the rollback rate to provide flexibility during the budget process. (JAMIE WACHTER/Lake City Reporter)

LIVE OAK — Property owners in the City of Live Oak will pay a reduced tax rate next year.

In the Live Oak City Council’s meeting Tuesday night, the council unanimously approved setting the city’s maxim…