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The North Fulton Community Improvement District (CID) and City of Alpharetta today celebrated the groundbreaking of the Windward Parkway Phase II proj...

North Fulton Community Improvement District and the City of Alpharetta Commemorate Groundbreaking of Windward Parkway Phase II Project

April 11, 2019

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REPORT OF NORTH FULTON COMMUNITY IMPROVEMENT DISTRICT OF PROPOSED MILLAGE RATE

July 16, 2019

In compliance with O.C.G.A. §48-5, the North Fulton Community Improvement District reports that at its meeting on August 6, 2019, 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.

 

                                     Assessed Value           Taxes Levied                  % Change              $ Change

2014                             $832,779,496              $2,498,338                          3%                     $     77,524

 

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

 

2019proposed            $1,238,808,206            $3,716,425                         5%                     $   161,978

                                                                       

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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The North Fulton Community Improvement District (NFCID) is a self-taxing district that was formed in 2003 by a group of business leaders committed to maintaining and enhancing the North Fulton community. With the goal of investing in a more vibrant and sustainable North Fulton, the CID advances infrastructure projects that enhance the livability, walkability and drivability of the entire community.

NFCID

11605 Haynes Bridge Rd, Ste 100 

Alpharetta, GA 30009

Tel: (678) 397-0570

© 2017 North Fulton Community Improvement District