NOTICE OF PROPERTY TAX INCREASE
The City of Sugar Hill has tentatively adopted a millage rate of 3.8 mills which will require an increase in property taxes by 6.92 %. This is the same millage rate the city has adopted for 15 consecutive years. Without this tentative tax increase, the millage rate would be no more than 3.554 mills. The proposed tax increase results from the reassessment of property values in the city as well as new construction added to the tax digest over the last year, not an actual increase in the millage rate.
The proposed tax increase for a homestead property with an average fair market value of $275,000 is approximately $27.06 per year. The proposed tax increase for non-homestead property with an average fair market value of $400,000 is approximately $39.36 year.
All concerned citizens are invited to attend the public hearings to be held at City Hall, 5039 West Broad Street, Sugar Hill, Georgia on the following dates: Monday, July 1, 2019, 8:00 a.m. and Monday, July 1, 2019, at 6:45 p.m. The Mayor and Council will meet on Monday, July 8, 2019, at 7:30 p.m. to hold the third Public Hearing and set the 2019 Millage Rate.
