 UPDATED:
03/02/2008
City of Sugar Hill
Summary: 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.
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*The Council vote split 2-2 with Council
members Marc Cohen and Ron Johnson voting to adopt a lower rate. Mayor Gary Pirkle broke the tie in favor of the mathematically-incorrect rate.
**assessed value. This value does not include exemptions, which may lower your actual tax liability.
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