The City of East Point has tentatively adopted a millage rate which will require an increase in property taxes of 6.85 percent, due to property values increasing, according to a press release. Even though the city is proposing to drop the millage rate from 15 to 13.89 mills, the increase in values results in a property tax increase.
All concerned citizens are invited to the public hearings on this tax increase 6:30 p.m. Aug. 6 at the city
Annex Building, 3121 Norman Berry Dr. East Point. Additional public hearings on this tax increase will be 6 p.m. Aug. 13 and 6:30 p.m. Aug. 20 at the same location.
This tentative increase will result in a millage rate of 13.89 mills, an increase of 6.85 percent. Without this tentative tax increase, the millage rate will be no more than 13.00 mills. The proposed tax increase for a home with a fair market value of $150,000 is approximately $57.
Information: eastpointcity.org
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