partlycloudy
Saturday May 30th, 2015 8:40AM

Suwanee proposes static millage rate with tax increase

By Derreck Booth Anchor/reporter
SUWANEE - While Suwanee officials want to leave their millage rate alone, the move would amount to a tax increase because of rising property values.<br /> <br /> Officials are proposing a millage rate of 4.93 mills. The rate at which the city would generate the same tax revenue as last year, the rollback rate, is 4.7 mills, according to the city.<br /> <br /> The city has had the same millage rate for the past two years.<br /> <br /> The proposed millage rate would result in a tax increase of about $20.70 for a house valued at $225,000. It amounts to an increase of about $50.60 for nonresidential property valued at $550,000, according to the city.<br /> <br /> The 4.93 rate would generate a 4.89 percent increase in property tax revenue for the next fiscal year.<br /> <br /> The city has scheduled three public hearings on the proposed rate. The first is Thursday, August 14 at 5:30 p.m. Two hearings are scheduled on Tuesday, August 26, one at noon, the other at 6:30 p.m.<br /> <br /> The meetings are in council chambers at city hall. <br /> <br /> Officials are expected to adopt an official millage rate on August 26, following the hearings.
© Copyright 2015 AccessNorthGa.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
US stocks post sixth straight year of gains
U.S. stocks ended a strong 2014 with moderate declines Wednesday.
4:43PM ( 4 months ago )
Palestinians push ahead in pursuit of war crimes charges against Israel
Stung by a resounding defeat in the U.N. Security Council, the Palestinians announced Wednesday that they joined the International Criminal Court to pursue war crimes charges against Israel.
1:57PM ( 4 months ago )
Business News
Grass fire impacts rush hour traffic on 985
Rush hour traffic on I-985 was slowed by a grass fire Wednesay afternoon with one lane closed while firefighters fought the blaze.
10:19PM ( 4 months ago )
Judge denies motions to move, delay Tsarnaev trial
Lawyers for Boston Marathon bombing suspect Dzhokhar Tsarnaev asked a federal appeals court Wednesday to overturn a judge's decision to not move his upcoming trial out of state.
10:02PM ( 4 months ago )
Sheriff: Man shot 2 on I-85 because he wanted car
A 22-year-old man shot two people who stopped to give him a ride on Interstate 85 in South Carolina on Christmas Eve because he wanted their car to drive to Georgia, a sheriff said Wednesday.
5:21PM ( 4 months ago )
Local/State News
US off war footing at year's end, but wars go on
Taking America off a permanent war footing is proving harder than President Barack Obama may have suggested.
6:13PM ( 4 months ago )
GOP leader regrets talk to white supremacists; party leaders rally around him
House Republican leaders rallied around one of their own, Whip Steve Scalise, on Tuesday after he said he regrets speaking 12 years ago to a white supremacist organization and condemns the views of such groups.
6:08PM ( 4 months ago )
Conviction of Putin foe sets off protest in Moscow
President Vladimir Putin's chief political foe was convicted along with his brother on Tuesday in a fraud case widely seen as a vendetta by the Kremlin, triggering one of Russia's boldest anti-government demonstrations in years.
6:03PM ( 4 months ago )
Politics
AP source: Hastert paid to keep old sex abuse claims secret
Former House Speaker Dennis Hastert paid hush money to conceal claims that the Illinois Republican sexually molested someone decades ago, a person familiar with the allegations said.
8:13AM ( 27 minutes ago )
GSP: DUI drugs cited in wreck with church bus
A wreck that injured more than a dozen people aboard a church bus near Toccoa Thursday night is being blamed on a driver who allegedly was under the influence of drugs.
11:38PM ( 9 hours ago )
One killed, another injured in Cumming car accident
One person was killed and another seriously injured early Friday evening in a two-vehicle collision in Forsyth County.
9:49PM ( 10 hours ago )
Father: Woman shot by sheriff told Gwinnett police it was an accident
The woman who was shot and critically wounded by a Georgia sheriff told a detective the shooting was an accident that happened while they were practicing self-defense tactics in an empty model home in Gwinnett County, her father said Friday.
3:52PM ( 16 hours ago )
Falcon LB wanted for Aggravated Animal Cruelty
Atlanta Falcons linebacker Prince Shembo is wanted by Gwinnett County Police.
3:51PM ( 16 hours ago )