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Required Press Release Announcing a Proposed Property Tax Increase | Print |

The Fulton County Board of Commissioners today announces its intention to increase General Fund property taxes it will levy this year by 7.9 percentage over the rollback millage rate.  Legislation adopted by the Board of Commissioners also expresses its intention to set a millage rate calculated to generate only enough revenue sufficient to cover the 2018 Budget.

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Notice of Proposed Tax Increase

Each year the board of tax assessors is required to review the assessed value for property tax purposes of taxable property in the county.  When the trend of prices on properties that have recently sold in the county indicate there has been an increase in the fair market value of any specific property, the board of tax assessors is required by law to re-determine the value of such property and adjust the assessment.  This is called reassessment.

When the total digest of taxable property is prepared, Georgia law requires that a rollback millage rate must be computed that will produce the same total revenue on the current year’s digest that last year’s millage rate would have produced had no reassessments occurred.

The budget adopted by the Fulton County Board of Commissioners requires that a millage rate higher than the rollback millage rate, therefore, before the Fulton County Board of Commissioners may set a final millage rate, Georgia law requires three public hearings to be held to allow the public an opportunity to express their opinions on the increase. 

All concerned citizens are invited to the public hearings on this tax increase to be held in the Government Center Assembly Hall, 141 Pryor Street, Atlanta, GA 30303 and via video conference from the South Service Center Auditorium, 5600 Stonewall Tell Road, College Park, GA 30349 on July 11, 2018 at 10 a.m. and 6 p.m. and on August 1, 2018 at 10 a.m.

 
 

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