Lynn Haven Property Tax Rising

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Property taxes will be going up for Lynn Haven owners.

Lynn Haven City Commissioners voted to raise the property tax rate from 3.088 to 3.9 mils. That's a point-81 increase, nearly a full millage point.

If a homeowners house is worth $150,000, they'll see an 81-dollar and 20 cent increase on their tax statement. Lynn Haven Mayor Walter Kelly is assuring residents the City is not wasting the money.

Kelley said, "Over the past several years we have reduced the debt some ten million dollars and we have not gone up on the millage rate even when the properties values were down low."

Kelley also points out that in 2007, Lynn Haven's millage rate was higher, at 4.0 mil.