Report of Buckhead Community Improvement District of Proposed Millage Rate

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In compliance with O.C.G.A. §48-5, the Buckhead Community Improvement District reports that at its meeting on July 22, 2020, beginning at 7:30 a.m. which will be conducted entirely via teleconference due to the Governor’s Emergency Declaration and may be accessed via Zoom:

https://us02web.zoom.us/j/87524291912?pwd=dENId3A4ekx1ZXJseXh1VG9oVHFXZz09

Meeting ID: 875 2429 1912
Password: 730062
or
One tap mobile +19292056099,,87524291912#,,,,0#,,730062#,

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 ValueTaxes Levied% Change$ Change
2015$2,083,143,788$6,249,43124%$1,216,248
2016$2,007,816,254$6,023,449-4%- $225,982
2017$2,041,682,021$6,125,0462%$101,597
2018$2,341,165,643$7,023,49715% $898,451
2019$2,514,918,256$7,544,7557%$521,258
2020 (proposed)$2,426,861,044$7,280,583-4% - $264,172

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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