Most Fulton Residents to See Tax Decrease - 5 Year Tax Levy History | Print |

Most Fulton County residential property owners will see a decrease in the Fulton County portion of their 2011 property taxes, compared to 2010. The Board of Commissioners approved a resolution at their meeting today that will advertise the General Fund rate at 10.281 mills.

This rate is equal to the rate maintained for the General Fund since 2008, and is 24% mills lower than the millage rate for 2000. Fulton County has the second-lowest General Fund rate among metro Atlanta counties.

In addition, Fulton County’s homestead exemption will increase to $30,000 this year, compared to $10,000 for most other Georgia counties. The Board also proposed a revenue-neutral millage rate for the South Fulton Tax District (unincorporated South Fulton) at 8.969 mills. While this rate is 0.81 mills higher than the 2010 rate, most property owners will still pay approximately the same amount in property taxes for the South Fulton Tax District portion of their bills.

Three public meetings will be held that will allow residents to respond to this proposed revenue-neutral millage rate increase.

The Board also proposed a Bond Fund millage rate of 0.27 mills. Funds will be used to repay voter-approved Library Bonds sold in 2010. Fulton County has led the metro Atlanta area in millage rate rollbacks for the past decade.

5-Year Tax Levy