CITY OF MILTON
NOTICE OF PROPERTY TAX INCREASE
DETAILED EXPLANATION
City Staff will present multiple millage rate options for calendar year 2023 taxes at three public hearings in August. The State-required advertisement below refers to a “tentatively adopted millage rate” and a corresponding tax increase – which are advertised at the current millage rate giving Council the opportunity to adopt any millage rate up to 4.469 mills without requiring additional advertising/meetings.
Council will be presented with reduced rate options at the meeting as well.
A final millage rate will be determined at the Council’s August 21 meeting.
Please note, the legally advertised millage rate below excludes the separately calculated greenspace bond millage rate. Actual changes in property values will not be available until the City receives the official property digest from the Fulton County Tax Commissioner.
CITY OF MILTON
NOTICE OF PROPERTY TAX INCREASE
AS REQUIRED BY STATE LAW
The City of Milton has tentatively adopted a millage rate which will require an increase in property taxes by 1.82 percent.
All concerned citizens are invited to the public hearings on this tax increase to be held at the City of Milton Council Chambers, 2006 Heritage Walk, Milton, Georgia, 30004, on the following dates and times:
August 7, 2023 at 6:00 PM
August 14, 2023 immediately following the work session at 6:00 PM
August 21, 2023 at 6:00 PM
This tentative increase will result in a millage rate of 4.469 mills, an increase of 0.08 mills. Without this tentative tax increase, the millage rate will be no more than 4.389 mills. The proposed tax increase for a home with a fair market value of $700,000 is approximately $22.40 and the proposed tax increase for non-homestead property with a fair market value of $725,000 is approximately $23.20.
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