Before the city sets its final millage rate for 2012, public hearings must be held as stated by Georgia law.
There will be two hearings June 18 – one at 11:30 a.m. and another at 6 p.m. – and a third is scheduled July 9 at 7 p.m. at the council meeting. The second date is also when the millage rate is scheduled to be adopted. All hearings will be held in the council chambers at City Hall, 12000 Findley Road.
“If everyone pays all their taxes and there’s no other changes we would generate about $16.7 million and that would be fore this year’s budget,” Vavra said, which would be within the budget.
Fulton County sent a preliminary digest, including values of property tax and a five-year comparison. The digest shows property tax revenues estimated to be down 2.55 percent this year, but motor vehicles are up 5.7 percent.