Sugar Hill has tentatively chosen to keep its millage rate at 3.8 mills for 2018, resulting in an increase in property taxes by 5.15 percent for most property owners. Without this tentative tax increase, the millage rate, or rollback rate, would be no more than 3.614 mills.
Under Georgia’s Taxpayer Bill of Rights municipalities must advertise higher revenues resulting from increased property assessments unless they adopt the ‘rollback rate,’ determined through a complex calculation designed to keep revenues the same as in the previous year.
All concerned citizens are invited to attend the third and final public hearing on the matter at 7:30 p.m. July 9 at City Hall, 5039 West Broad Street. Two previous hearings were held on July 2.
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