Fulton Commissioners Adopt Lower Tax Rate

JOHNS CREEK, GA -- The Fulton County Commission has adopted a millage rate that will reduce 2016 taxes for many property owners.

The adopted rate of 10.45 mills, formally adopted at the board's Aug. 17 meeting, represents a reduction from the 2015 rate of 10.5 mills, and is 0.10 mills lower than the proposed revenue-neutral rate of 10.55 mills.

Commissioners also adopted a Bond Fund millage rate of 0.25 mills. The fund provides continued support of the Library Referendum General Obligation Bonds’ annual debt service requirements, as approved by Fulton County voters in 2008.

“Today's decision to reduce the millage rate is a direct result of the good work of Fulton County's management team," said Commission Vice Chair Liz Hausmann. “We are moving in the right direction in offering relief for Fulton County taxpayers.”

The Board also set the South Fulton Tax District millage rate at 11.579 mills for 2016, which maintains the 2015 rate. This fund provides municipal-type services for residents in unincorporated Fulton County, including fire, police, parks and recreation and planning services.

"We have managed our money wisely and I am pleased that has allowed the county to lower this year's millage rate," said Fulton Commission Chairman John Eaves. "It will lower taxes for a number of property owners, while still allowing us to provide the quality services that those here in Fulton have come to expect."

It is anticipated that tax bills will be mailed to Fulton County property owner in September.

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