Brookhaven, GA, June 8, 2017 – by Anna Williams for The Post – The City of Brookhaven has announced their schedule for three required public hearings as they prepare to set the 2017 Millage Rate. The first will be held Thursday, June 15, at 7 p.m. The second and third public hearings will be held Thursday, June 29, at 10:30 a.m. and 6:30 p.m. After the final public hearing, the City says the millage rate will be formally adopted at the June 29, 2017 meeting at 7 p.m.
With DeKalb County property tax assessments again on the rise this year, keeping the tax rate at the current 2.74 mills will mean taxpayers can expect to see an increase in their total tax bill – all things being relative. David Delgado, Management Policy Analyst/Communications explained in a City Release, the proposed 2.74 millage rate would result in an increase in property taxes by 5.63 percent over what is called the “Rollback Millage rate”.
“For example, the tax increase for a home with a fair market value of $426,054 would be approximately $20.51, and the proposed increase for a non-homestead property with a fair market value of $1,003,694 is about $58.62,” Delgado notes.
In 2016, Councilmembers unanimously elected to keep the City Tax Rate at the current rate of 2.74 mills, marking 2016 as the first year the City did not roll back the millage rate. Citing uncertainty of the future of the Homestead Option Sales Tax (HOST), City leaders felt it prudent to keep the tax rate at the 2.74 mill number.
In 2014 and 2015 Brookhaven Councilmembers reduced the millage rate when they were faced with the same “rollback” scenario. Per the city charter, Brookhaven’s millage rate is capped at 3.35 mills.
All hearings will be held in Brookhaven City Hall Council Chambers located at 4362 Peachtree Road Brookhaven.