The City of Sugar Hill has tentatively adopted a 2020 millage rate of 3.8 mils, which is the same millage rate the city has adopted for 16 consecutive years.
Even though the millage rate remains unchanged, state law requires local governments to advertise a tax increase whenever the previous year’s millage rate with no rollback will generate more tax revenues than the previous year.
The increase results from the reassessment of property values in the city by the Gwinnett County Board of Tax Assessors, as well as new construction added to the tax digest over the last year, not an actual increase in the millage rate.
According to information provided by the city, the proposed tax increase for a homestead property in city of Sugar Hill with an average fair market value of $300,000 is approximately $19.68 per year or 5.4 cents per day. The average non-homestead property in the city with an average fair market value of $275,000 is approximately $18 per year or 5 cents per day.
Property tax bills paid by homeowners in Sugar Hill are a combination of taxes paid to Gwinnett County Schools, Gwinnett County government and The City of Sugar Hill. Sugar Hill contracts with the Gwinnett County Tax Commissioner for tax billing and collection.
Sugar Hill property owners are invited to attend the mandated public hearings at City Hall, 5039 West Broad Street, Sugar Hill, Georgia on the following dates:
- Monday, August 3, 2020 at 8:00 a.m.
- Monday, August 3, 2020 at 6:30 p.m.
The Mayor and Council will meet on Monday, August 10, 2020 at 7:30 p.m. to hold the third Public Hearing and adopt the 2020 Millage Rate.
More information is available at www.cityofsugarhill.com.