2019 Millage Rate to Be Voted on July 24

 In In the News, News, Uncategorized

In compliance with O.C.G.A. §48-5, the Buckhead Community Improvement District reports that at its meeting on July 24, 2019, beginning at 7:30 a.m. in the Suite 1515 Conference Room, Tower Place, 100 Building, 3340 Peachtree Road, NE, Atlanta GA 30326, the Buckhead 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 for each year has been 3 mills.

$ Assessed Value $ Taxes Levied % Change $ Change
2014 $1,677,727,699 $5,033,183 12% $528,033
2015 $2,083,143,788 $6,249,431 24% $1,216,248
2016 $2,007,816,254 $6,023,449 -4% -$225,982
2017 $2,041,682,021 $6,125,046 2% $101,597
2018 $2,341,165,643 $7,023,497 15% $898,451
2019 proposed $2,527,027,896 $7,581,084 8% $557,587
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