Lawrenceville city officials have announced their decision to tentatively adopt a millage rate that will remain at the current level, ensuring financial stability and continued growth for the upcoming year.
A release from the city said the decision comes after carefully considering the city's budgetary needs.
The tentative adoption of the millage rate will result in an 8.58% increase in property taxes and will set the rate at 2.228 mills, which is slightly above the roll-back rate.
As an example, a home with a fair market value of $350,000 will experience a proposed tax increase of approximately $22.94 for the year.
Lawrenceville residents are encouraged to participate in a public hearing on the millage rate, scheduled for July 19, at Lawrenceville City Hall at 12 p.m. and 5:00 pm, and on July 31, at Lawrenceville City Hall at 7:00 pm.
Mayor David Still and Lawrenceville City Manager Chuck Warbington have expressed confidence with the rates set by the Finance Department for the city's stability and strong management.
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