HomeMy WebLinkAboutOrdinances 23-08-538 - 08/21/2023 - Ad Valorem Tax Rate for Fiscal Year 2024ST ATE OF GEORGIA
COUNTY OF FULTON
oRDINANcE No. d 3-og -s 3 g
AN ORDINANCE OF THE MAYOR AND COUNCIL OF THE CITY OF
MILTON, GEORGIA, TO ESTABLISH THE AD VALOREM TAX RATE OF
THE CITY OF MIL TON FOR FISCAL YEAR 2024; AND FOR OTHER
PURPOSES
WHEREAS, the Charter of the City of Mi lton , 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 M ilton. 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 $4. 753 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 2024
fiscal year, on property subject to ad valorem taxation by the City is hereby fixed at
$4.753 on forty percent ( 40%) of each $1,000.00 of property subject to ad valorem tax by
the City.
SECTION II: Said rate of$4.753 on forty percent (40%) of each $1 ,000 .00 of taxable
property is hereby le vied as follows:
(a) For General Government purposes $4 .389 on forty percent ( 40%) of each
$1,000.00 of taxable property.
(b) For the purpose ofretiring outstanding General Obligation bonds, $0.364 on
forty percent (40%) of each $1 ,000.00 of taxable property.
SECTION III: All ordinances and parts of ordinances in conflict herewith are hereby
repealed.
Page 1 of 2
sJ-n._ .l ORDAINED thi s the lJ:_da y of ~' 2023.
Attest:
Page 2 of2
Sec. 52-19. Levied.
(a) Authority.Section 1.12(40) of the city Charter authorizes the city to levy and provide the assessment and
collection of ad valorem taxes on all property sub j ect to taxat ion .
{b) [Rate .] The ad valorem tax rate for the City of M i lton, Georgia for the 202 ~ fiscal year, on property subject
to ad valorem taxation by the city is hereby fixed at $4-,9;!.M .753 on 40 percent of each $1 ,000 .00 of property
subject to ad valorem tax by the city .
(Ord . No. 08 -08 -22, § I, 8-11 -2008 ; Ord . No . 09 -09-52 , § I, 9-28 -2009 ; Ord . No . 18-08 -371 , § I, 8-13 -2018 ; Ord. No .
19 -08-401 , § I, 8-12 -2019; Ord . No . 20-08 -443 , § I, 8-10-2020)
Sec. 52-20. To be used for general governmental purposes.
(a) For general government purposes $4:4694 .389 on 40 percent of each $1,000 .00 of taxable property .
(b) For the purpose of retiring outstanding General Obligation bonds , $MQ0.364 on 40 percent of each
$1 ,000 .00 of taxable property .
(Ord . No . 08 -08-22 , § 11, 8-11 -2008; Ord . No . 09 -09 -52 , § II , 9-28 -2009 ; Ord . No . 18 -08 -371 , § 11, 8-13-2018 ; Ord .
No . 19 -08 -401 , § II, 8-12-2019; Ord. No. 20 -08 -443 , § II , 8-10 -2020)
Created : 2022 -03 -22 16 :33 :29 [EST]
(Supp . No. 40}
Page 1 of 1
-THE CODE OF THE
Appendix A FEES AND OTHER CHARGES
Appendix A FEES AND OTHER CHARGES 1
FEES AND OTHER CHARGES
Chapter 52-Taxation
52 -19(b) Ad valorem taxes on For property subject to the ad valorem $~.753 on40
property tax percent of each
$1,000.00 of property
(general government
purposes at
$4-:4694.389 and
retiring outstanding
general obligation
bonds at
$~.364)
52 -22(b) Penalties and interest For property subject to the ad valorem A penalty of 5% is
for the delinquent of tax applied to the
the ad valorem taxes amount of tax due if
not paid within 120
days of the bill date.
After 120 days from
the imposition of the
initial penalty, an
addit ional 5% of any
tax amount
remaining due shall
be imposed. This will
continue every 120
days not to exceed
20% of the principal
amount of the tax
originally due. The
penalty shall not
apply to the
following:
(1) Ad valorem taxes
of $500.00 or less on
homesteaded
1 Editor's note(s)-Section 1 of Ord . No. 12-09 -147, adopted Sept . 17, 2012, repealed the former App . A, and
enacted a new App . A as set out herein . The former App. A pertained to similar subject matter, and derived
from Ord . No . 11 -12-120, adopted Dec . 5, 20 11. See the Code Comparative Table for a complete derivation.
M i lton, Georgia , Code of Ordinances
(Supp. No . 40)
Page 1 of 3
Created : 2022-03-22 16:34:12 [EST]
-THE CODE OF THE
Appendix A FEES AND OTHER CHARGES
52-46 Penalty for delinquent
payment
52-47 Hotel and motel
excise tax
52 -94 Rental motor veh icle
(a)(l) excise tax
Milton, Georgia, Code of Ordinances
(Supp. No . 40)
For hotel and motel tax
For hotel and motel rent
For motor vehicle rented
Page 2 of 3
property;
(2) Homesteaded
property acquired
during the tax year by
a new owner who did
not receive a bill and
who before acquiring
such property resided
outside the State of
GA and if taxes are
paid within one year
following the due
date .
Interest on
delinquent taxes due
shall be calculated at
an annual rate equal
to the bank prime
loan rate as posted
by the board of
governors of the
Federal Reserve
System in statistica l
release H.15 or any
publication that may
supersede it, plus 3%,
to accrue monthly.
Penalties of 10% of
amount of taxes due
to the city, plus 1%
interest per month
on the unpa id tax
3% of the rent for
every occupancy of a
guestroom in a hotel
in the city
3% of the rental
charge . If paid on or
before the 20th day
of the preceding
calendar month, the
tax payer may retain
a credit in the
Created: 2022-03-22 16:34:12 [EST)
-THE CODE OF THE
Appendix A FEES AND OTHER CHARGES
52-116 Penalties and interest
for failure to remit
taxes
52-118(b) Interest on the
deficiency determined
M i lton, Georgia, Code of Ordinances
(Supp . No . 40)
For rental motor vehicle excise tax
For excise tax
Page 3 of 3
amount of 3% of the
tax due.
A penalty of 5% of
the tax then due, plus
1% interest per
month thereon the
unpaid principal
amount due
1% per month or
fraction thereof from
the due date of the
taxes
Created: 2022-03-22 16 :34:12 [E ST]