for any paving or utility assessments that are not paid off within the initial 90-day phase.... The current prime rate is 7.5%; therefore, the rate for special assessments should be set at 9.5%. The prime rate was 8.5% in 2024, 9.5% in 2023 and 5.25% in 2022.

Lowndes Area Knowledge Exchange (LAKE)

for any paving or utility assessments that are not paid off within the initial 90-day phase.... The current prime rate is 7.5%; therefore, the rate for special assessments should be set at 9.5%. The prime rate was 8.5% in 2024, 9.5% in 2023 and 5.25% in 2022.

Special Assessment Rate for 2025

Agenda: Tax Assessor and Land Bank appointments, Assessment rate, VAWA, alcohol @ LCC

27 January 2025

for any paving or utility assessments that are not paid off within the initial 90-day phase.... The current prime rate is 7.5%; therefore, the rate for special assessments should be set at 9.5%. The prime rate was 8.5% in 2024, 9.5% in 2023 and 5.25% in 2022.

smaller PDF