Lilburn is scheduled to adopt the 2017 property tax rate at 7:30 p.m. July 10 in council chambers at Lilburn City Hall, 340 Main St. The city is proposing to keep the property tax rate the same at 4.43 mills. At this rate, the city anticipates collecting $1,829,589, which is 5.68 percent more than last year. This estimate includes changes in the assessed value of properties, pending appeals, as well as new growth in the city. For homeowners with increased assessed property values, this could mean slightly higher property tax bills in 2017.
Property taxes make up 28 percent of the city’s annual operating budget of $7,657,971 and 16 percent of the overall budget of $11,242,305.
The public is invited to comment on the proposed tax rate at 10 a.m. and 6 p.m. June 29 and 6 p.m. July 10 prior to the council meeting. Each meeting will be held at city hall.
The city council approved the 2017-2018 budget on June 12. The budget, which takes effect July 1, funds major projects like a new police headquarters and Camp Creek Greenway improvements.
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