 UPDATED:
03/02/2008
City of Dacula
Summary: This city in
fast-growing eastern Gwinnett projected that $335,000 of its $2.5 million 2005 budget
would have to come from property tax dollars. However, the City Council has adopted a millage rate of
4.40, the same rate as last year, which is expected to bring in at least $95,000 more than is
necessary to fully fund this year's budget.
The mathematically-correct
millage rate is 3.428, almost a full mill lower.
The owner of a $150,000** home in
Dacula will pay $264 in property taxes, almost $60 more than his/her
fair share to fund the cost of city government this year.
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**assessed value. This value does not include exemptions, which may lower your actual tax liability.
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