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Fulton Board Votes to Maintain General Fund Millage Rates at Current Level | Print |

On Thursday, July 21, the Fulton County Board of Commissioners voted to maintain the General Fund millage rate at 10.281 mills.

As a result of the Board’s action, most homeowners will see lower property taxes for the Fulton County portions of their property taxes, due to lower assessments and a $5,000 increase in Homestead Exemption for qualifying Fulton County residential property owners.

The Board has maintained the 10.281 millage rate since 2007, which is 24% lower than the millage rate in 2000.  Fulton County has the second-lowest General Fund rate among metro Atlanta counties, and is the only metro County that has not increased its General Fund millage rate during the current economic downturn.

The Board also adopted a revenue-neutral millage rate of 8.969 for the South Fulton Tax District (unincorporated South Fulton). Most property owners will still pay approximately the same amount in property taxes for the South Fulton Tax District portion of their bills.  The County held four public hearings related to this millage rate.

The Board also approved a Bond Fund millage rate of 0.27 mills. Funds will be used to repay voter-approved Library Bonds sold in 2010.

 
 

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