HomeMy WebLinkAboutOrdinances 21-08-486 - 08/09/2021' STATE OF GEORGIA ORDINANCE NO.21-08-486
COUNTY OF FULTON
AN ORDINANCE OF THE MAYOR AND COUNCIL OF THE CITY OF
MILTON, GEORGIA, TO ESTABLISH THE AD VALOREM TAX RATE OF
THE CITY OF MILTON FOR FISCAL YEAR 2022; AND FOR OTHER
PURPOSES
WHEREAS, the Charter of the City of Milton, Georgia authorizes the City to levy and
provide for the assessment of ad valorem property taxes on all property subject to
taxation; and
WHEREAS, the Charter of the City of Milton, Georgia provides that the valuation of all
property subject to taxation by the City shall be determined according to the tax digest
prepared by the Fulton County Board of Tax Assessors; and
WHEREAS, the Mayor and City Council, after hearing and after duly considering all
such relevant evidence, testimony and public comments, has determined that it is in the
best interests of, and necessary to meet the expenses and obligations of, the City of
' Milton, Georgia to set a levy in the amount of $5.218 on each $1,000.00 of taxable value
for all property subject to ad valorem taxation by the City; now
BE IT ORDAINED by the Mayor and City Council of the City of Milton, Georgia as
follows:
SECTION I: The ad valorem tax rate for the City of Milton, Georgia for the 2022
fiscal year, on property subject to ad valorem taxation by the City is hereby fixed at
$5.218 on forty percent (40%) of each $1,000.00 of property subject to ad valorem tax by
the City.
SECTION II: Said rate of $5.218 on forty percent (40%) of each $1,000.00 of taxable
property is hereby levied as follows:
(a) For General Government purposes $4.731 on forty percent (40°/u) of each
$1,000.00 of taxable property.
(b) For the purpose of retiring outstanding General Obligation bonds, $0.487 on
forty percent (40%) of each $1,000.00 of taxable property.
SECTION HI: All ordinances and parts of ordinances in conflict herewith are hereby
repealed.
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IORDAINED this the - I tay of 2021.
Joe Lockwood, yor
Attest:
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