North Fulton CID Board to Vote on Millage Rate During August 4 Board Meeting
The North Fulton CID Board will vote to set its 2020 Millage Rate at its Board Meeting on Tuesday, August 4.
REPORT OF NORTH FULTON COMMUNITY IMPROVEMENT DISTRICT OF 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 4, 2020, beginning at 7:30 A.M. at the Greater North Fulton Chamber of Commerce, 11605 Haynes Bridge Road, Suite 100, Alpharetta, Fulton County, Georgia 30009, 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.
The meeting is also accessible via Zoom at:
https://us02web.zoom.us/j/87639685319 or One tap mobile +13126266799,87639685319#
Assessed Value Taxes Levied % Change $ Change $ Change
2015 $914,439,750 $2,743,319 10% $ 244,981
2016 $988,383,812 $2,965,151 8% $ 221,832
2017 $1,113,842,684 $3,341,528 13% $ 376,377
2018 $1,184,815,535 $3,554,447 6% $ 212,919
2019 $1,226,803,136 $3,680,409 4% $ 125,962
2020proposed $1,213,618,464 $3,640,855 -1% - $ 39,554