Milton held its first public hearing on its millage rate at 9 a.m. today, and nobody was present to comment on the tax rate. But since it was the exact same millage rate as the city has held since it was formed – 4.731 mills – it wasn't unexpected.
The city had to hold the first of three public hearings because property taxes were raised, on average, as a result of an increase in the tax digest as assessed by Fulton County.
Finance Director Stacey R. Inglis said Milton's total tax digest was $2.12 billion. That's an increase of 1.14 percent. Property taxes levied by the city will be $9.26 million, including real and personal property (motor vehicles).
Inglis said there was a "property tax increase of 1.14 percent due to reassessment, and the millage rate will reamin at 4.731 mills, which it has been every since Milton became a city."
Another public hearing will be held at at 5 p.m. today, Aug. 27. The third and final required millage rate hearing will be on Sept. 5 at 6 p.m., during a regular council meeting. Ingles said the millage rate will be adopted then.
"Tax bills will be mailed on Sept. 6, with a Nov. 5 due date," she said.