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CID Board to vote July 1 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 July 1, 2014, 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

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 $806,937,911 $2,420,814 - 3% - $82,420

2014proposed $834,545,826 $2,503,637 3% $82,823

J. Lynn Rainey, PC,

358 Roswell Street, Suite 1130, Marietta, Georgia 30060

(770) 421-6040

Attorney for CID - State Bar No. 592350

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