Orange Beach to ponder property tax hike | al.com

Orange Beach to ponder property tax hike | al.com: "ORANGE BEACH, Ala. -- Plummeting property values along Alabama's beaches have been accompanied by falling tax bills in recent years. And while that may be good news for taxpayers, it's putting a burden on an already cash-strapped city government that relies heavily on riches reaped from its high-priced resort real estate.

To that end, a committee of three retired business people who have been appointed to advise City Hall on financial matters has proposed levying an additional mill of property tax. A mill equals $1 for every $1,000 in assessed value."