Sugar Hill isn’t very sweet to its taxpayers
This north Gwinnett city budgeted for $1,300,000 in property tax dollars to fund its 2005-2006 budget. However, the City Council adopted a millage rate of 3.80 which is expected to bring in at least $498,455 more than is necessary to fully fund this year’s budget.
The adopted millage is the same as the Council has adopted in the two previous fiscal years.
The mathematically-correct millage rate is 2.747
The owner of a $150,000 home in Sugar Hill will pay $228 in city property taxes, $63.18 more than his/her fair share to fund the cost of government this year.
Your Comments