Lawrenceville GA Mayor wants to offset property assessments
Although there is no indication that officials in this Gwinnett county seat calculated the millage rate correctly, this AJC story describes what should happen in practice. As assessments (the Net Tax Digest) increase, the millage rate should decrease as long as the politicians control the cost of government.
Lawrenceville Mayor Rex Millsaps is lobbying to roll back the millage from 2.20 to 2.16. He said he expects the measure to pass during a meeting at 3 p.m. today.
But Lawrenceville residents shouldn’t make a wish list of what to do with that extra money. The mayor said on Tuesday that he’s only pushing for a millage reduction to compensate for an anticipated increase in property assessments this year by Gwinnett County officials.
“Theoretically, this would keep their property taxes the same,” the mayor said.
Residents can voice their opinions at a public hearing scheduled at the beginning of the 3 p.m. meeting. Millsaps said he doubts there will be a crowd since the city is trying to give taxpayers a break, not a tax increase.
Councilman Mike Crow said he is in favor of the tax reduction. “We shouldn’t take in extra funds if we don’t have big projects going on,” he said. “If we don’t need the money, why burden the taxpayers?” [...]
LAWRENCEVILLE: Mayor wants to offset property assessments | ajc.com
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