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Sunday May 19th, 2019 8:49PM

Suwanee City Council holds millage rate steady for sixth consecutive year

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Suwanee City Council, for the sixth year running, is keeping the millage rate steady at 4.93 mills.

Marty Allen, city manager, said the average home in the city is worth $279,000, and the owner of such a home would pay approximately $550 in property taxes for the fiscal year.

"The millage rate is a component of our revenue. We adopted the budget on July 1 with a general fund of $12.9 million. The millage rate was based on an assumed millage rate of 4.93 mills," said Allen

The largest chunks of that tax money would be allocated toward the city's police department (28 percent) and general obligation bonds (23 percent), according to city documents.

The city's tax digest is expected to rise by $499,000 compared to FY 2016, which represents a 9.15-percent increase.

Council members adopted the millage rate Tuesday night at their regular voting session, which included a third and final public hearing on the rate.

  • Associated Categories: Homepage, Local/State News, Politics, Georgia News
  • Associated Tags: Gwinnett County, Budget, Suwanee, politics, Suwanee City Council, millage rate
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