Wednesday, July 15, 2015

Commissioners Cut Millage Rate 10.9%

On July 15, 2015 by a 5 to 2 vote, the Fulton County Board of Commissioners adopted a 2015 General Fund millage rate of 10.5 mills. The vote approves a cut of approximately 10.9% to the General Fund property tax rate from the 2014 rate of 11.781 mills. This cut will take effect with the 2015 tax bills. Those bills are scheduled to go out in August of this year.

The Board also approved a reduction in the tax rate for the Bond Fund, used to fund the ongoing construction of new libraries and renovation of some existing libraries, as approved by Fulton County voters in 2008. The Bond Fund will decrease from 0.270 mills to 0.250 mills.

The Board also adopted a South Fulton Tax District millage rate of 11.579 mills, representing a rollback from 12.469 mills. This fund provides municipal-type services for residents in unincorporated Fulton County, including Fire, Police, Parks & Recreation, and Planning services.

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