Politics & Government
Final Hearing, Vote on Millage Rate Tonight
If adopted, the new millage rate will increase city property taxes by four percent.
Acworth's Mayor and Board of Aldermen will decide whether or not to adopt a new city millage rate Thursday evening, but not before one last public hearing on the subject is held.
The public hearing will begin promptly at 6:30 p.m. inside council chambers at Acworth City Hall. Once the public has had their say, the Mayor and Board of Aldermen will vote on the adoption of the millage rate for the 2014 tax digest.
The city has officially announced its plan to adopt a millage rate of 7.60 mills, which is 0.312 mills higher than the rollback rate and equals a 4.28 percent property tax increase.
For a home with a fair market value of $125,000, the tax increase will mean an extra $15.60 goes to the tax man. A non-homestead property worth $250,000 will pay $31.20 more in property taxes should the new millage rate be adopted.
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