Buford proposes millage rate and sets date to approve 2021 budget

Buford Commissioners will hold public hearings on a proposed property tax increase and the Fiscal Year 2021 budget. (Google Maps)

Buford Commissioners will hold public hearings on a proposed property tax increase and the Fiscal Year 2021 budget. (Google Maps)

Buford Commissioners will hold public hearings on a proposed property tax increase at 10 a.m. and 7 p.m. Tuesday, Sept. 8 at Buford City Arena, 2795 Sawnee Avenue. The increase of 9.33 percent will result from a proposed millage rate of 12.65 mills. To have avoid a tax increase the city would have needed to rollback the millage rate to 11.57 mills.

The proposed tax increase for a home valued at $275,000 is approximately $118.80, and for a non-homestead property valued at $625,000, property taxes will increase by about $270.

At the same time Buford Commissioners allow for comment and vote to approve the 2021 millage rate, they will also review the city’s proposed Fiscal Year 2021 Operating Budget. A summary draft of the proposed budget can be inspected between 9 a.m. and 5 p.m. at Buford City Hall, 2300 Buford Highway.