CID Board to vote August 6 on Proposed Millage Rate
In compliance with O.C.G.A. §48-5, the North Fulton Community Improvement District reports that at its meeting on August 6, 2013, beginning at 7:30 A.M. at the Greater North Fulton Chamber of Commerce, 11605 Haynes Bridge Road, Suite 100, Alpharetta, Fulton County, Georgia, the North Fulton CID Board of Directors will vote upon a proposal to levy an ad valorem taxation rate of 3 mills, and will set its millage rate for the lawful purposes of the District for the current calendar year.
Set forth below are the assessed taxable values of the properties subject to taxes for the current year and immediately preceding five calendar years, the total dollar amount of ad valorem taxes proposed to be levied for the current year and levied in the immediately preceding five calendar years, as well as the percentage and total dollar increases or decreases with respect to each immediately preceding calendar year. All property levied upon is real property. The millage rate each year has been 3 mills.
Year Assessed Value Taxes Levied % Change $ Change
2008 $861,117,662 $2,583,353 22% $470,704 2009 $961,365,034 $2,884,095 12% $300,742 2010 $897,297,746 $2,691,893 - 7% - $192,202 2011 $890,129,581 $2,670,389 - 1% - $21,504 2012 $834,411,258 $2,503,234 - 6% - $167,155 2013 proposed $790,197,487 $2,370,592 - 5% - $132,642 J. Lynn Rainey, PC
358 Roswell Street, Suite 1130,
Marietta, Georgia 30060
(770) 421-6040 Attorney for CID - State Bar No. 592350