The Fulton County School Board approved a millage rate on Aug. 31 that, while lower than the previous year’s rate, would increase district tax collections.

The rate was approved during a working retreat at district headquarters, at 6201 Powers Ferry Road in Sandy Springs.

The 18.483 millage rate was rolled back .019 mills from the previous 18.502 mills, which had been the district’s rate more than five years. A notice on the district’s website says the new rate would result in a 3.45 percent tax increase.

“Our taxpayers will be very pleased to know that our adopted millage rates are the lowest in metro Atlanta – a tax savings to most property owners,” Superintendent Jeff Rose said in a press release. “This is due to the school board’s sound financial management and their mindfulness to keeping taxes low while still appropriately funding our schools.”