Lilburn is proposing the 2020 property tax rate remain the same at 4.43 mills. The Lilburn City Council is inviting the public to comment on the 2020 property tax rate prior to adoption at 10 a.m. and 6 p.m. June 22, or 6 p.m. July 13 at Lilburn City Hall, 340 Main St.
The total estimated amount of property taxes the city will collect is $2,335,593, which is 9.45 percent more than the previous year. This increase in funds results from changes in assessed value of properties, pending appeals, and new growth in the city.
The proposed tax increase for a home with a fair market value of $100,000 is approximately $9.45 and the proposed increase for a non-homestead property with a fair market value of $100,000 is approximately $12.60. The public can review the city’s five-year tax history at www.tinyurl.com/Lilburn2020TaxRate.
The city council is scheduled to adopt the millage rate at its regularly scheduled meeting at 7:30 p.m. July 13 in Council Chambers at City Hall.
Lilburn is scheduled to vote on the city’s 2020-2021 budget on June 22. The budget takes effect July 1.
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