Notice of Property Tax Increase

NOTICE OF PROPERTY TAX INCREASE
CITY OF ACWORTH

The Mayor and Board of Aldermen of the City of Acworth have tentatively adopted a millage rate which will require an increase in property taxes by 5.53 percent.

All concerned citizens are invited to the Public Hearing on this tax increase to be held at Acworth City Hall, 4415 Senator Russell Avenue, Acworth, GA 30101 on July 15, 2019 at 7:00 PM at a Special Called Meeting in the Council Chambers.
Additional Public Hearings on this tax increase will be heard in the Council Chambers at Acworth City Hall, 4415 Senator Russell Avenue, Acworth, GA 30101 on July 22, 2019 at 9:00 AM and on July 22, 2019 at 6:45 PM. The millage rate will be adopted at a Special Called Meeting on July 22, 2019 at 7:00 PM, following the public hearing.
This tentative increase will result in a millage rate of 7.600 mills, an increase of .398 mills. Without this
tentative tax increase, the millage rate will be no more than 7.202 mills. The proposed tax increase for a
home with a fair market value of $175,000 is approximately $27.86 and the proposed tax increase for nonā€homestead property with a fair market value of $325,000 is approximately $51.74.

IMPORTANT ADDITIONAL INFORMATION
NOTICE TO ACWORTH TAXPAYERS
CITY NOT INCREASING TAX RATES

According to Georgia law, all taxing agencies must advertise a tax increase and hold three public hearings to claim taxes on reassessed properties even if the millage rate remains unchanged as is the case in Acworth. The City of Acworth has tentatively adopted a millage rate equal to last year’s millage rate of 7.60. The millage rate is not being increased in the City of Acworth. The tax rate will be the same for 2019 as it was in 2018.