Roswell Schedules Property Tax Rate Hearings

ROSWELL, GA -- The city of Roswell has rolled out its proposed millage rate for fiscal year 2018, and it appears the rate will remain at the same level it has been for eight years.

The city is proposing keeping its rate at 5.455 mills, which includes 5.205 mills for maintenance and operations and 0.250 mills for debt service.

The millage rate is the tax rate applied to property. Each mill represents $1 of tax assessment per $1,000 of assessed property value.

Roswell predicts it will see a 1.50-percent increase in property values. The actual, change, however will not be available until the official property digest is received from the Fulton County Tax Commissioner in July.

If there is an increase in property values once the digest is released, Roswell may see an increase in property tax revenue. Roswell’s proposed property tax rate of 5.455 mills is among the lowest in metro Atlanta and has remained unchanged since fiscal year 2009.

Roswell's mayor and council will hold three public hearings on the proposed millage rate in the Council Chambers at Roswell City Hall on the following dates:

• May 22, 2017 at 7 p.m.
• May 31, 2017 at 6:30 p.m.
• June 12, 2017 at 7 p.m.

Roswell City Hall is located at 38 Hill Street.

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