Loganville proposing property tax increase
Loganville has tentatively adopted a millage rate that will result in about a 9 percent increase in property taxes. City officials will hold three public hearings to provide details on the proposed increase. Concerned citizens are invited to attend any of the public hearings held at 5:30 p.m. Aug. 6, or 10 a.m. and 6 p.m. Aug. 9 in Council Chambers of City Hall, 4303 Lawrenceville Road.
This tentative increase will result in a millage rate of 12.32 mills, an increase of 1.15 mills. Without this proposed tax increase, the millage rate would be no more than 11.17 mills.
The proposed tax increase for a home with a fair market value of $170,000 with a homestead exemption is about $80 and for a home without the homestead exemption and a fair market value of $300,000 is about $150.
