DEPARTMENT
Finance
REQUESTED ACTION (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
title
Request approval of a Resolution adopting the proposed 2021 Millage Rates for the General Fund, General Obligation Bond fund, and Fulton Industrial District fund based on the Rollback Rate in O.C.G.A ? 48-5-32.1(A)(9), as well as the 2021 Fulton County Board of Education millage rate. (APPROVED)
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REQUIREMENT FOR BOARD ACTION (Cite specific Board policy, statute or code requirement)
O.C.G.A 36-81-5; O.C.G.A 48-5-32; O.C.G.A 48-5-32-1 and O.C.G.A 48-5-310
STRATEGIC PRIORITY AREA RELATED TO THIS ITEM (If yes, note strategic priority area below)
Open and Responsible Government
COMMISSION DISTRICTS AFFECTED
All Districts ?
District 1 ?
District 2 ?
District 3 ?
District 4 ?
District 5 ?
District 6 ?
IS THIS A PURCHASING ITEM?
No
SUMMARY & BACKGROUND (First sentence includes Agency recommendation. Provide an executive summary of the action that gives an overview of the relevant details for the item.)
The Finance Department recommends approval of the attached Resolution which includes the County's 2021 General Fund, Bond Fund, and Special Service District - Fulton Industrial District millage rates. Per statute, the Fulton County Board of Education recommends a 2021 millage rate of 17.590 to the Board of Commissioners who in turn approved the recommended rates. The Fulton County Board of Education adopted their final millage rate on August 12, 2021.
Listed below are the proposed millage rates for 2021 and actual rates for the last two years:
2019 2020 2021 Change
General fund 9.899 9.776 9.330 (0.446)
Bond Fund 0.220 0.220 0.210 (0.010)
Fulton Industrial District 11.920 11.880 9.550 (2.330)
The Board previously approved Item 21-0514 on July 14, 2021 that authorized a proposed millage rate, advertisement of the 5 year levy ad, set the public hearing date, authorized the Chair to ...
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